Barclays lands through fair value with second green bond

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By Frank Jackman
27 Oct 2020

Barclays was met with strong demand for its second green senior deal in the sterling market on Tuesday, allowing the bank to shave 25bp off initial guidance and price through fair value.

“It certainly appears an impressive result,” said one banker away from the deal. “Sterling senior unsecured is never easy to navigate.”

“There are good tailwinds following what I would say were better than expected results, and with a lull ahead of the US election, Thursday’s ECB meeting, and ...

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