L&G wins strong demand for T2 in undersupplied sterling market

By David Freitas
19 Nov 2019

Legal & General Group (L&G) was four times subscribed for a £600m tier two in the sterling market this week, as it looked to strengthen its capital position.

L&G opened books on its 30 year non-call 10 tier two on Tuesday morning, when it said it was “taking advantage of current market conditions”.

The UK financial services group picked Bank of America, Barclays, BNP Paribas, HSBC, JP Morgan and NatWest ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.