“Selecting a sterling-denominated transaction with Sonia as the reference rate was a logical decision,” said Fredrik Altmann, director of corporate finance, steering treasury centre at BMW Group. BMW has launched its inaugural debt - financing deal , a £ 250 million ( $ 100 million ) deal that is expected to be followed shortly by other corporate ##s as short - dated debt investors increasingly benchmark against the deal .
BMW has launched its inaugural debt - financing deal , a £ 250 million ( $ 100 million ) deal that is expected to be followed shortly by other corporate ##s as short - dated debt investors increasingly benchmark against the deal .