Lloyds strikes gold with ‘astonishing’ US retail deal

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Lloyds strikes gold with ‘astonishing’ US retail deal

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Lloyds Banking Group opened up a new funding avenue for European banks on Wednesday when it priced a US retail targeted $750m 40 year non-call five senior unsecured deal via Citi, Bank of America Merrill Lynch, UBS and Wells Fargo.

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