EDC brings largest ever deal alongside EIB’s ‘spectacular’ dollar benchmark

By Craig McGlashan
13 Feb 2019

A pair of triple-A SSA borrowers built heavily oversubscribed books — and one printed its largest ever deal — on Wednesday in a dollar market that is still attracting heavy demand and performing in secondary despite already tight levels.

The Bank of England’s annual $2bn three year benchmark, which came on Tuesday, had set the bar for the trades that followed, according to bankers.

“The dollar market is obviously in good shape and has been for a year or more,” said a head of SSA DCM ...

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