Yankees keep up pace in dollar market

By David Rothnie
02 Jul 2020

Yankee banks ensured a record-breaking first half ended on a high, as European lenders took advantage of strong demand for tier two paper.

Deutsche Bank and Société Générale both came to the market with subordinated trades, with the French lender appearing to enjoy a stronger reception.

SocGen followed Deutsche into the market on Tuesday with a two-part trade that comprised a $500m five year senior preferred bullet, rated A1/A, and a ...

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