Volksbank Wien finally surfaces with debut non-pref

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By Tyler Davies
12 Mar 2021

Volksbank Wien sold its first non-preferred senior deal on Friday, after a week of discussions with investors. The deal benefitted from a stronger tone in the euro market as investors reacted well to the latest meeting of the European Central Bank.

Volksbank Wien picked Barclays, Crédit Agricole, DZ Bank, Erste Group Bank and Raiffeisen Bank International as the bookrunners for its deal last Friday.

Market participants had expected to see the Austrian lender surface with its deal in the early part of this week, ahead of the ECB’s crucial monetary ...

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