OP tests lower bounds in senior

By Tyler Davies
25 Jun 2020

OP Corporate Bank sold a new four year deal this week that set a new low for euro senior bond spreads during the coronavirus pandemic.

There was a little bit of sensitivity in the order book as the Finnish lender tightened its pricing on Tuesday.

Lead managers Bank of America, Nomura, OP Corporate Bank and Société Générale went out with initial price thoughts in the 70bp area over mid-swaps for the four ...

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