FIG pipeline grows as Santander UK makes use of Friday window

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By David Freitas
21 Feb 2020

Santander UK took advantage of improving sentiment in the euro market to launch a new senior bond from its holding company on Friday, while Hamburg Commercial Bank announced its intention to raise tier two capital.

Santander UK saw an opening in the market on Friday and decided to make use of the favourable funding conditions.

Bonds had been under-performing in the secondary markets the day before, but were returned to stable levels going into the end of the week.

“The spread widening in ...

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