Banca Ifis faces 'tough' execution with second senior sale of 2023

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Banca Ifis faces 'tough' execution with second senior sale of 2023

Genoa, Italy, 13th February 2023. Harry Winks of UC Sampdoria reacts during the Serie A match at Luigi Ferraris, Genoa. Picture credit should read: Jonathan Moscrop / Sportimage

◆ Competing supply weighs on demand for Ifis deal ◆ Illiquid curve makes deriving a premium tricky ◆ Mediobanca adds to Italian labelled supply

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