UniCredit hits senior after Santander Consumer Finance moves towards funding independence

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UniCredit hits senior after Santander Consumer Finance moves towards funding independence

UniCredit took a second swipe at the debt markets in as many days on Tuesday with a €750m five year senior unsecured bond that was set to be priced at 15bp through initial thoughts. The deal followed a snappy short dated debut on Monday from Santander Consumer Finance, as it moves towards independence in its funding programme.

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