Principality and Sainsbury’s shop for sterling

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Senior Debt

Principality and Sainsbury’s shop for sterling

Tyler Davies
November 16, 2017 12:30 pm
Sainsbury's_PA_230x150
File photo dated 03/05/16 of a man holding Sainsbury's bags, as the supermarket giant revealed sharply slowing sales growth and a 9\% fall in half-year profits after moves to keep prices low in the face of inflation and cost pressures. | Lauren Hurley/PA Wire/PA Images

Principality Building Society was marketing its first senior unsecured deal in more than a decade in the sterling market on Thursday, as Sainsbury’s Bank opened books on its first ever subordinated bond transaction.

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Tyler Davies
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