Rothesay Life hits sterling for blowout tier two
Rothesay Life chose a quieter day in UK politics to issue a tier two in the sterling market on Tuesday. It also took advantage of the lack of supply in the currency and the deal was oversubscribed four times its £400m size.
These lead managers started out with price thoughts in the 550bp area over Gilts.Order books built quickly, hitting £750m in ...
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