Lloyds cancels FRN Samurai, decides to stick to wide end
Lloyds TSB Bank will complete its debut Samurai bond on December 8 but has revised guidance to the wide end of initial guidance and pulled the three year FRN tranche on the back of sovereign worries and a cancelled deal from the Republic of Poland.
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