Spain’s regions set for capital markets comeback

By Burhan Khadbai
07 Feb 2019

Several Spanish regions are expected to return to bond markets this year, having been locked out since the eurozone sovereign debt crisis. GlobalCapital understands that the Spanish government has approved a request for new debt to be issued by the Balearic Islands — a region that has not sold a bond since 2012. More approvals could follow in the next few weeks. Burhan Khadbai reports.

The Balearic Islands has been locked out of the markets for many years. It last issued a syndicated bond in February 2012, with a €200m two year, according to Dealogic data. Its last bond of any stripe was a €10m three year private placement with CaixaBank in March ...

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