PPs providing long euros and FRNs
The private placement market is proving its worth at the long end in euros and with dollar floaters, helping issuers make the most of excellent conditions.
“Long callable private placements in euros are heavily in demand,” said Petra Wehlert, KfW’s head of capital markets. “We’ve sold a couple of them in the last 10 days, which reflects the demand for long term euros.”KfW sold a €10m July 2028 note on Tuesday. LBBW dealt the trade, which ...
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