Santander hits green with blowout pref senior

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By David Freitas
03 Oct 2019

Banco Santander hit screens this week to sell its first green bond. The deal attracted orders more than five times its €1bn size.

Financial institutions have been enjoying favourable issuance conditions in the euro market, as have those issuers selling bonds with sustainable formats, supported by the lack of supply. Generali was the first European issuer to sell a tier two bond in green format last week.

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