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FIGSenior Debt

Iccrea and Santander shoot for aggressive pricing in euros

Two European banks took to the senior unsecured market to sell tightly priced euro deals this week, as Italy’s Iccrea Banca sold a five year note and Santander Consumer Bank a three year. While Iccrea drew together a fully subscribed order book despite aggressive tactics, demand seemed stunted for Santander.

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