Isbank takes advantage of BoJ QE with tap of $250m plus

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Isbank takes advantage of BoJ QE with tap of $250m plus

Isbank is tapping its $500m 3.75% 2018s for $250m or more, according to a syndicate official close to the deal. Price guidance for the tap has been released at a yield of 3.65%, equating to around a 15bp-20bp new issue premium. Pricing expected later on Monday.

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