LBCM brings senior as UK banks return to euros

By Tyler Davies
21 Jan 2020

Greater clarity over Brexit is allowing UK banks to enjoy a warm reception in euros at the start of 2020, with Lloyds Bank Corporate Markets following two of its peers into the market this week.

Lloyds Bank was the sole bookrunner for the new five year senior offering from LBCM on Tuesday, though Deutsche Bank, Mizuho and Santander joined as lead managers without books.

Investors had to assess the value of the trade based on initial price thoughts in ...

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