Sterling market opens up for FIG issuers
Westpac has broken the drought of public senior bank bond issuance in sterling which started at the beginning of July. It priced a £300m three year via UBS. The deal follows UBS’s self-led 17 year non-call 12 lower tier two, priced last Friday. To find out whether the sterling revival will be brief or lasting, read EuroWeek this week.
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