LRP’s 5 year global recovers after US data knocks market

Landesbank Rheinland-Pfalz (LRP) was able to sell its Eu1bn five year global public sector Pfandbrief this week, but not as quickly as bankers had expected.

Led by Citigroup, Dresdner Kleinwort Wasserstein and JP Morgan, the transaction had been expected to sell rapidly and be priced ...