ING picks up 10 year TLAC with ‘sensible’ execution

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ING picks up 10 year TLAC with ‘sensible’ execution

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The ING banking application is seen on a smartphone screen on November 15, 2017. (Photo by Jaap Arriens/Sipa USA) | Jaap Arriens/SIPA USA/PA Images

ING was selling new senior unsecured bonds out of its holding company on Tuesday, leaving a small new issue premium of about 5bp for investors.

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