Santander bets on demand at long end with seven year
Investors have placed more than Eu700m of orders for a rare seven year deal from Spain’s Banco Santander, pricing for which is expected on Monday afternoon.
Lead managers Barclays Capital, Citi, Santander and Société Générale were marketing the deal at 170bp-175bp over mid-swaps on Monday morning. Some 90 investors had placed orders by late morning.The Aa2/AA/AA rated bank last came to the euro senior unsecured market at the beginning of September. Then it ...
Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: firstname.lastname@example.org