MTN issuers bring spate of puttables

Issuers have been satisfying investor demand for the puttable FRN structure this week. After the flurry of vanilla deals over the past couple of weeks, more issuers are turning to the product. This week’s crop of issuers includes SNS Bank, Bank of Cyprus and Kommunalkredit Austria. Read this week’s EuroWeek for details on these and other deals.