CaixaBank tees up tier two as periphery party continues

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CaixaBank tees up tier two as periphery party continues

CaixaBank

Spain’s CaixaBank has mandated leads to sell a euro denominated 10 year non-call five tier two bond after a global investor call on Monday. The trade follows three weeks of peripheral European action in the bank funding markets, with Spanish credits in the frame to continue the trend started by Italian banks over the past fortnight or so.

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