CDP ends February on a high note despite overall lull

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By Sharon Kits Kimathi
02 Mar 2017

Cassa Depositi e Prestiti has sold €300m and €150m notes late in February, despite dealers reporting an overall lack of MTNs in the market.

One banker noted that the quiet in the market could be due to issuers’ offered levels failing to match investors’ needs.

CDP placed a €150m March 2027 note through Morgan Stanley on Tuesday. The trade carries a fixed coupon of 2.5% in the first two years. The coupon ...

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