Hastings accesses sterling with Provident to follow

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By Jasper Cox
17 May 2018

Hastings gave the sterling bond market some activity on Thursday with a benchmark senior deal, while Provident Financial was talking to investors about its own trade.

Hastings Group Holdings brought the only FIG deal in sterling this week, with activity concentrated in the euro market.

The UK car insurance firm was heavily subscribed for its seven year deal, with the order books closing in excess of £675m for the £250m transaction.

Bookrunners Barclays, ...

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