Dexia readies for 2010 as bank bid boosts Eu1bn floater
Dexia Crédit Local took advantage of banks’ demand for floating rate paper when it issued a Eu1bn February 2012 FRN on Monday to begin refinancing 2010 maturities. The notes priced at 95bp over Euribor, although some bankers away from the deal considered this too tight for the issuer.
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