◆ Issuer nearly halves funding cost from April 2024 capital debut... ◆... close to larger competitors' spreads ◆ New deal strengthens its bail-in debt layer and ratings
◆ Three European lenders hit a busy Friday market with senior bonds ◆ OP Corporate Bank prints the largest of these in a two-part dual-format structure ◆ Once-a-year issuer Iccrea Banca lands at sub-100bp
◆ Capital issuance unleashed after geopolitics-powered sentiment boost ◆ Both issuers print tier two bonds with no new issue premiums ◆ Issuers' wider spreads to national champions worked in their favour
