Dexia staging a blow-out
Dexia Crédit Local tightened guidance for a Eu1bn five year deal from 280bp-285bp to 270bp — 15bp inside CDS. BNP Paribas, Credit Suisse and Société Générale are leading the deal. Read EuroWeek on Friday to see how Dexia’s deal performs, and if any other issuers take advantage of the startling demand for senior bank paper.
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