Rabo works its magic with investors
Rabobank received top marks from investors this week who rushed to buy its five year senior unguaranteed transaction. The issuer’s pragmatism was rewarded by size and Rabobank managed to raise Eu5bn at 150bp over mid-swaps. This makes it the tightest senior unguaranteed deal since BNP Paribas reopened that market at the end of last year. What’s next in the unguaranteed market? Read EuroWeek on Friday.
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