Punchy La Caixa stays local for market’s first capital deal of 2010

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Punchy La Caixa stays local for market’s first capital deal of 2010

La Caixa will price the first euro capital trade of the year this week. Lead managers Barclays Capital and JPMorgan have been whispering a 10 year bullet lower tier two transaction in the mid-100s and, having got some domestic demand, they are giving international investors an opportunity to look at the deal.

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