Citadel out to market at wide end
BNP Paribas, ING and Rabobank sold Eu500m of the ‘A2’ notes of F van Lanschot Bankiers’s Citadel 2010-I yesterday. The leads sold the notes below par to offer a spread of 155bp over three month Euribor, at the wide end of the 150bp-155bp guidance.
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