Novo Banco deal reflects smarter approach to pricing seniors
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Novo Banco deal reflects smarter approach to pricing seniors

Sarah Ainsworth, 
Atanas Dinov
February 28, 2024 01:49 PM
VALENCIA, SPAIN - NOVEMBER 15, 2021: Novo Banco is a Portuguese bank introduced by the Bank of Portugal to rescue assets and liabilities of Banco Espi

◆ Senior arrives a week after €5bn book for covered deal ◆ Latest orders land at €1.4bn ◆ Rival bankers say smaller book down to smart execution, not saturation

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Sarah Ainsworth
Deputy FIG editor
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Atanas Dinov
Bank Finance Editor
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