Hiscox brings rare senior deal in ‘cheap’ sterling market
![Sterling_coin_graph_Adobe_230x150](https://assets.euromoneydigital.com/dims4/default/ab846af/2147483647/strip/true/crop/230x150+0+0/resize/840x548!/quality/90/?url=http%3A%2F%2Feuromoney-brightspot.s3.amazonaws.com%2F4a%2Fdf%2F1cddc5d4932c62e9f146d9feb5ef%2Fsterling-coin-graph-adobe-230x150.jpeg)
Hiscox, a London-listed insurer, opened books on a short five year senior bond in sterling on Wednesday, following a period of underperformance for market.
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