Intesa’s book hits Eu3.5bn as liquidity floods senior market
The low level of senior unsecured dealflow has attracted issuers to the market this week, with Intesa Sanpaolo, Banco de Sabadell and EFG Hellas expected to issue paper on Thursday.
Intesa Sanpaolo will issue seven year bonds, with the order book showing a high level of demand. The book had reached in excess of Eu3.5bn by midday.
This is a great name, the pricing looks fair and the book is building really well, so it will be a good
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