Caixa prefunds ahead of maturation and TLTRO phase-out

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Caixa prefunds ahead of maturation and TLTRO phase-out

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the tournament equestrian jumping CSI5 CAIXABANK TROPHY of the Longines Global Champions Tour taking place at the Country Club in Madrid, Spain, 19 May 2017. The Longines Global Champions Tour runs from 19 to 22 May. (Photo by Oscar Gonzalez/NurPhoto) *** Please Use Credit from Credit Field *** | NurPhoto/SIPA USA/PA Images

CaixaBank issued €1bn of senior preferred notes on Wednesday as it looked to prefund ahead of a bond maturing in May and the end of the European Central Bank’s (ECB’s) targeted longer-term refinancing operations (TLTRO) programme.

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