Oberbank readies sub-benchmark SNP

Austria_Adobe_230x150
By Frank Jackman
14 Jan 2021

Oberbank is preparing to launch a sub-benchmark non-preferred senior deal into a quiet FIG market that has not seen a senior deal since Tuesday.

The Austrian firm, rated A by S&P, has appointed DZ Bank, Erste, Helaba and Raiffeisen to arrange investor calls from Thursday, ahead of a prospective eight year senior non-preferred sub-benchmark euro deal.

It has one other outstanding deal in the public market, according to Dealogic, a €250m ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial