BPM's senior deal catches bid as 'spread is king'

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BPM's senior deal catches bid as 'spread is king'

ALTAMURA, ITALY - JUNE 4, 2017: Banca Popolare Di Milano ATM and bank branch in Italy. It is owned by Banco BPM group.

◆ Two issuers and two strategies ◆ Spread to differentiate as 'incremental fatigue' sets in ◆ Mixed expectations for June

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