You managed to get substantial financing from bond investors when that was advantageous without burning your bridges with the banks. What’s your strategy at this point, given the uncertainty of whether, or at least how fast, the ECB is likely to cut rates?
One of the key tasks we have is to make sure that we have liquidity at all times. To a certain extent, we're agnostic about where the money comes from, as long as it's within the parameters that we need. Before we got our investment grade ratings in September 2020, we were . . .
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