Lesser known credits tag on to senior rally
Investors that did not tuck into the market at the start of the recent FIG rally now have little choice but to buy, bankers said this week.
As secondary markets continued to tighten, lesser known issuers BPCE, 3CIF and Commerzbank joined the action and Intesa Sanpaolo flung open the doors for strong peripheral borrowers (see separate story
).Larger order books featuring more investors offered encouragement to bankers, but some cautioned that as investors turned
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