Lloyds draws regional demand on Samurai return

By GlobalCapital
13 Nov 2014

Lloyds Bank returned to the Samurai market for the first time in more than three years on Thursday with a ¥48bn ($415m) five year deal.

Daiwa, JP Morgan and Nomura led the transaction, which was priced at 11bp over yen offer-side swaps. That was in the middle of the initial guidance range of 10bp-12bp over and in line with revised guidance.

It was also, according to a lead manager, the tightest spread in ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial