Ico sounds out dollars with club deal
Instituto de Crédito Oficial (Ico) took another step towards fully normalising its capital markets access by selling a dollar syndication for the first time in more than four years on Tuesday. The $500m club deal was not fully subscribed but was intended as an “intelligence gathering” exercise for a dollar benchmark, according to a banker at one of the leads.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts
