◆ Deal lures investors amid lack of euro issuance this week ◆ Moves in pricing by 35bp from IPTs on 6NC5 deal ◆ Follows after S$400m SNP diversification
◆ Improved dynamics in the sterling market have lured issuers across senior and covered markets this week ◆ Lloyds' offering is among the rare deals from top UK borrowers ◆ Issuers funds with 5bp NIP
◆ Issuer hits sterling market days after similar dollar foray ◆ Tight price, short maturity pushes off some investors ◆ 'Price over size' aspiration achieved