Ibercaja lands ‘negative new issue premium’ with euro tier two

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Ibercaja lands ‘negative new issue premium’ with euro tier two

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Geldscheine und Münzen vor der Nationalflagge Spaniens | Boris Zerwann/Zerbor - stock.adobe.com

Ibercaja Banco was said to have steered a new tier two bond through fair value on Thursday, when the Spanish lender also announced the results of a tender for some of its existing capital securities.

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