CDP and Andalucia set tone for cool week in SSAs

CDP 230x150

Triple B-rated Cassa Depositi e Prestiti (CDP) and Andalucia hit screens on Monday, with SSA bankers convinced the deals are indicative of the smaller types of trades expected in the week ahead.

By Mike Turner
18 Mar 2019

CDP (Baa3/BBB/BBB) started the day marketing a seven year euro benchmark sized social bond. The deal began at initial price thoughts of 210bp area over mid-swaps before setting terms at 195bp over at €750m.

Demand at final terms was more than €1.5bn without joint lead manager interest. 

Meanwhile, ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access:

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: or find out more online here.