Intesa lifts lid on strong demand for new AT1s

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Intesa lifts lid on strong demand for new AT1s

David Freitas
August 25, 2020 01:00 pm
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Turin, Italy - June 16, 2018: branch of the bank Intesa San Paolo with headquarters in Turin - IT | Vincenzo De Bernardo/Vincenzo De Bernardo - stock.adobe.com

Intesa Sanpaolo racked up plenty of orders behind an additional tier one (AT1) on Tuesday, showing that investors are hungry for new sources of yield. The deal ended a long pause for sales of subordinated debt in the euro market.

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ItalyDeutsche BankJP MorganIntesa SanpaoloUBSEMEABank CapitalMorgan StanleyEuropeCrédit AgricoleRaiffeisen Bank International AGRegulatory CapitalFIG
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