EFSF steams to €6bn

October 22, 2013 12:00 am

The European Financial Stability Facility printed a heavily oversubscribed seven year syndication on Tuesday afternoon. Pricing that offered a double digit premium over France, plus banks, asset managers and central banks willing to look further along the curve in search of yield, helped the European bailout borrower to bring a deal at the upper end of size expectations.

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