Lloyds re-opens Yankee bank market
Lloyds Banking Group became the first Yankee bank to access dollar funding for almost a month when it came to the market with a new senior deal on Thursday.
Lloyds Banking Group, rated A3/BBB+, followed up its foray into the euro market the previous week with a dollar print, launching a $1.5bn 5.25 year fixed-to-fixed rate deal at 350bp over US Treasuries.
Goldman Sachs, JP Morgan, Lloyds, Morgan Stanley and Wells Fargo were joint bookrunners.In ...
Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: firstname.lastname@example.org