Santander UK makes summer saving in dollars

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By Tyler Davies
18 Aug 2020

Santander UK has been quick to price a new deal in the US dollar market after its results, making a saving over the funding levels on offer in euros or sterling.

The issuer opened books on a new six year non-call five senior bond from its holding company on Monday. 

Citi, Goldman Sachs, JP Morgan, Morgan Stanley and Santander were running the deal, which was registered with the SEC. 

They started the pricing in the 150bp area ...

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