Engorged investors look to banking exotica for diversity
Rarer names shone this week as investors looked to find new borrowers to buy. Banks such as Emirates NBD and Sparebank 1 Nord Norge were among those to issue.
"Investors have got full on so many lines that they are having to look outside the traditional areas," said a London MTN dealer. "People are desperate for new names."Emirates NBD increased its June 2013 puttable 20-fold through Commerzbank this week. It originally sold the $10m deal on May ...
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