Banks rush to senior unsecured market

September 08, 2010 12:00 am

Five European banks rushed into the senior unsecured market this week, taking advantage of strong market tone while they can. They have printed senior unsecured deals totalling close to Eu5bn, and more is on the way. EuroWeek on Friday talks to issuers about their deals and asks the market how the supply will be digested and how long this borrowing window will last.

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