All material subject to strictly enforced copyright laws. © 2022 Euromoney Institutional Investor PLC group
FIG

Investors uninterested in Banco Popolare’s overvalued note

Banco Popolare struggled to sell €500m of three year debt on Monday as there is no longer a natural investor base for double-B rated senior product. Spreads must widen or these banks will find their long term funding options limited.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Take a Free Trial or Login
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree