Update: Co-op pays 9.5% for holdco senior sterling sale
![Co-Operative bank branch in Chester](https://assets.euromoneydigital.com/dims4/default/e132f8c/2147483647/strip/true/crop/5200x3470+0+0/resize/840x561!/quality/90/?url=http%3A%2F%2Feuromoney-brightspot.s3.amazonaws.com%2Fbe%2Feb%2F5b6a615349b0a1359eace0958071%2Fd8ewjw.jpg)
Single-B rated lender’s senior market return close to 1.7 times covered
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