Abanca beefs up MREL with new tier two

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Abanca beefs up MREL with new tier two

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RH7TH2 A Coruna, Spain January 29, 2019 - Branch office of Abanca at A Coruna - Abanca is a Galician Bank | Alamy Stock Photo

Abanca Corporación Bancaria returned to the euro bond market on Thursday for its second tier two of the year. The Spanish lender was able to tighten pricing for its €300m deal by 50bp, helped by an order book that was nearly four times subscribed.

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