Rabobank returns to dollars to grab $2.5bn

15 Mar 2013

The rapid pace of Yankee bank issuance continued this week, with Rabobank and SEB taking out a combined $3.7bn to allay fears of faltering investor demand.

Dutch lender Rabobank returned to the dollar market on Tuesday with its first benchmark trade in 12 months as it sold $2.5bn in three year floating and five year fixed rate paper in a 3(a)2 MTN trade exempt from SEC registration.

The deal was also the biggest ever ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial