RBC, CS take advantage of pre-summer funding window in euros

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By David Freitas
16 Jul 2019

Royal Bank of Canada and Credit Suisse turned to the euro market this week to launch bail-inable senior bonds, testing market conditions amid European earnings blackouts and before an expected break for the summer.

Royal Bank of Canada was looking to launch a five year senior bond and Credit Suisse was tapping its June 2027 non-call June 2026 bond on Tuesday.

The Canadian lender chose ABN Amro, Barclays, Deutsche Bank, RBC Europe, Santander and Société Générale ...

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