Peripheral sovereign sell-off benefits Intesa buyback
A sell-off in peripheral European sovereign paper last week helped convince investors to participate in Intesa Sanpaolo’s subordinated and senior unsecured tender, driving the participation rates to just under 35% for the sub paper and around 15% for the senior.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts