Danske looks for ‘early mover advantage’ with new non-pref

By Tyler Davies
20 Aug 2019

Danske Bank beat the crowds to issue a new non-preferred senior bond in euros on Tuesday, showing other issuers that investors are more than happy to get involved in the right types of trades this summer.

Some FIG market participants had questioned whether issuers would want to test investors’ appetite for new issuance at the end of August.

Credit market conditions have proven to be volatile over the summer period, as investors have grappled with concerns about the health of the global economy and ...

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