Credit Europe Bank sub debt trades up, sets good tone for CEEMEA primary

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Credit Europe Bank sub debt trades up, sets good tone for CEEMEA primary

Credit Europe Bank’s $400m 8% 10 year non-call five lower tier two notes are trading at 102-103 today, helping to buoy investor appetite for new issues this week. The notes — the last to be placed from the CEEMEA region last week — were priced at par last Thursday.

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