Contrasting Sabadell and Sydbank deals highlight demand for spread

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Contrasting Sabadell and Sydbank deals highlight demand for spread

MADRID, SPAIN - SEPTEMBER 26, 2021: Banco Sabadell bank branch office in Madrid, Spain. Banco Sabadell, is a Spanish bank founded in 1881 in Sabadell, with headquarters in Alicante

◆ Quartet prints €2.75bn of senior non-preferred debt ◆ Investors show clear preference for higher yielding paper ◆ Deal with lowest spread pays highest premium

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