Investors debate Monte tier two as NPL securitization progresses

By Bill Thornhill, Tyler Davies
10 Jan 2018

Financial institutions bond investors were assessing this week whether or not they should invest in Banca Monte dei Paschi di Siena’s first deal since its recapitalisation by the state last summer.

The bank began a roadshow for a new 10 year non-call five tier two on Monday, with more than 80 accounts involved in the discussions.

MPS will be hoping that investors attracted to the yield on offer, despite the fact that some of them may have lost ...

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