Rabo smashes 2011 record as senior takes breather

13 Apr 2011

Rabobank priced the largest senior unsecured trade of 2011 on Wednesday, a Eu3.5bn five year via Credit Suisse, HSBC, JP Morgan and Rabobank. The deal attracted more than Eu4.25bn of orders from over 270 accounts.

Before the Rabo trade, the largest deals this year had been for Eu2bn. But the issuer was able to take advantage of good market conditions in the first half of this week — which have since deteriorated. Peripheral sovereigns came under renewed pressure on Thursday and there were ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial