US Bancorp’s reverse Yankee marred by ‘questionable choices and unfortunate constraints’

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US Bancorp’s reverse Yankee marred by ‘questionable choices and unfortunate constraints’

Cincinnati - Circa February 2019: U.S. Bank and Loan Tower. US Bank is ranked the 5th largest bank in the United States II

◆ Transaction ‘looks like a slow deal’ given tightening and size, say rival bankers ◆ Marketing process ‘was too rushed’ for rare euro issuer ◆ Huge corporate issuance ‘may have overshadowed’ sole FIG deal

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