La Caixa gets punchy, long CM-CIC others line up

Spain’s La Caixa has issued its second deal of the year, with several players, including the leads, conceding pricing was quite tight. Nevertheless, with market sentiment remaining strong, there was little sensitivity in the book and the deal worked. Elsewhere CM-CIC priced the first 10-year for several weeks as Banca MPS and Unicaja opened books.