ING senior FRN could open FIG floodgates

GLOBALCAPITAL INTERNATIONAL LIMITED, a company

incorporated in England and Wales (company number 15236213),

having its registered office at 4 Bouverie Street, London, UK, EC4Y 8AX

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ING senior FRN could open FIG floodgates

After a three week hiatus, the senior unsecured market re-opened on Thursday with a Eu1.5bn 18 month FRN from ING. With investors cash-rich following a deal-free June, bankers were looking forward to more primary issuance next week.

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