BES puts Portugal back on tier two map, Danske to tap Nordic buyers
Banco Espírito Santo is set to bring the first tier two bond from a Portuguese bank since the financial crisis, riding a wave of positive sentiment in the FIG market that has seen borrowers in Italy and Spain bring successful subordinated bond deals in recent weeks. Elsewhere, Danske Bank will meet Scandinavian investors later this week to gauge interest in a potential Nordic currency tier two deal.
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