Sterling the ‘golden currency’ for Santander non-pref senior

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Senior Debt

Sterling the ‘golden currency’ for Santander non-pref senior

David Freitas
February 11, 2020 02:30 PM
Santander_PA_575x375
ARCHIV - A sign of the bank Santander is pictured in Barcelona, Spain, 30 April 2013. The spanisch major bank Santander took over competitor Banco Popular Espanol that got into financial woes for one symbolic euro. Photo: Peter Kneffel/dpa | Peter Kneffel/DPA/PA Images

Banco Santander was the only financial issuer in the sterling market on Tuesday, tapping the currency for a non-preferred senior bond. Sterling has made a 'rocket start to 2020', according to FIG market participants.

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Topics

SantanderSpainDeutsche BankSenior DebtRBC Capital MarketsTD SecuritiesUKEuropeEMEAFIG
DF
David Freitas
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