Totta out after shadow book totters around Eu1bn
Banco Santander Totta is gathering orders for a Eu1bn five year obrigacões hipotecarias, with guidance set at the 55bp over mid-swaps area. An official book update was not available by the time The Cover went to press, but the deal “is in pretty good shape”, said an official at one the leads.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts