LeasePlan pleased to execute FRN plan after French vote

By Tyler Davies
24 Apr 2017

Dutch financial firm LeasePlan was able to capitalise on strong demand for floating rate products and save costs versus its fixed rate curve on Monday, having readied a new deal for the aftermath of the weekend’s vote in France.

European financial institutions have been piling back into the floating rate market in 2017, as investors have shown increasingly strong demand for products that could shield them against a potential rise in interest rates.

“As with a number of recent floaters, the issuer was able to fix ...

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