◆ UK insurer chooses dollar market for double refi ◆ Will buy back RT1 and tier two but prioritise the former ◆ Recent issuance suggests price advantage in dollars over sterling
◆ Spanish bank raises €750m new capital ahead of calls in the middle of Sabadell takeover bid ◆ Tight price leads to more than €2.2bn of orders dropping ◆ Greece’s Alpha bank prints first tier two in more than three years
◆ UK insurer prints inaugural dollar tier two a day after main sterling leg ◆ Achieves currency and investor diversification while meeting £750m funding target ◆ Revival in sterling FIG across capital structure
