Bankia proves popular after return to pref senior

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Bankia proves popular after return to pref senior

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Spain Bank | Banque Espagnole 14/09/2017 | Patrick Lefevre/PA Images

Bankia returned to the primary market for a senior preferred bond on Tuesday, after launching a senior non-preferred bond just two weeks ago. The deal proved popular among investors, who placed orders of almost three times as much as the final deal size of €750m.

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