ABN takes pragmatic approach
ABN Amro was set to price a benchmark €1.25bn 10 year euro covered bond on Thursday. The long tenor, a busy market and volatile conditions meant it was not an easy trade to sell. But with the borrower taking a pragmatic approach by paying a generous concession, the final outcome was positive.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts