Senior bonds in ‘no man’s land’ as banks shun tough markets

HighYield_Adobe_575x375
By David Freitas
23 Mar 2020

European banks are steering well clear of new issue markets during the coronavirus pandemic, avoiding having to call on investors for funding by taking advantage of attractive central bank funding schemes.


It has been over a month since the last issuers sold unsecured deals in the primary capital markets.

Santander UK was able to sell €750m of five year non-call four senior debt on February 24, before the market shut down at the onset of the coronavirus crisis in ...

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.