Rabo secures solid result in hectic covered mart
Rabobank attracted good demand for a dual €2bn eight year and 20 year covered bond offering on Thursday, even though the deal was issued at the tail-end of a busy week and competed for investors’ attention in euros with Coventry Building Society and Všeobecná úverová banka (VUB).
After mandating leads on Wednesday, on Thursday Rabobank opened order books for a two-part transaction of an eight and a 20 year covered bond, with respective price guidances of 5bp area over mid-swaps and in the 11bp area.Lead managers were Barclays, Deutsche Bank, Rabobank,
Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: email@example.com