Rare FIG trio make most of good window

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By Frank Jackman, Tyler Davies
12 Nov 2020

A trio of rare issuers found a window for issuance in the FIG bond market on Thursday, with Nykredit and Hamburg Commercial Bank accessing a tightening senior non-preferred market, while Íslandsbanki launched Iceland's first ever sustainable bond

Nykredit sold the day’s largest deal, raising €750m with a long five year deal through Bank of America, BNP Paribas, Erste Group, ING and Nykredit Bank.

The lead managers started the pricing in the 90bp-95bp area over mid-swaps, before guiding the market towards ...

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