Intesa Ireland adds subsidiary to programme in ‘smart move’

GLOBALCAPITAL INTERNATIONAL LIMITED, a company

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Intesa Ireland adds subsidiary to programme in ‘smart move’

Intesa Sanpaolo Ireland has added Intesa’s Luxembourg subsidiary Société Européene de Banque (SEB) as a co-issuer on its Eu30bn European commercial paper programme. CP dealers said adding another name to the programme was a "smart move", given investors are still shunning Irish subsidiaries.

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