Pohjola grabs €750m as market draws line under Greece

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Pohjola grabs €750m as market draws line under Greece

Pohjola Bank on Monday printed €750m of five year senior paper, becoming the latest in a string of Nordic borrowers to come to market. While CDS indices pushed slightly wider as market participants digested Friday’s news that Greece’s debt swap constituted a credit event, spreads continued to move tighter in the cash bond market, with action across a wide spectrum of credits.

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