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The bank is considering bond issuance in currencies other than the euro
◆ Intesa Sanpaolo's Slovakian arm is a frequent issuer ◆ Banker said 33bp could be through FV ◆ CEE covereds offer the widest spread, ABN wrote
Books were €700m for what had been penned as a €750m deal
Data
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EM bond buyers scramble to put cash to work allows sovereign to print far inside level of last deal from two months ago -
Buying back debt cheaply does nothing for long-term debt sustainability nor bond market access
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Lender’s dollar bond could push region’s smaller issuers to “get off the fence” and restart issuing
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The state-owned export bank drew a book over $1.75bn in a now rare non-sovereign deal from Turkey
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One investor says more delays in the ‘haphazard’ process will be cause for concern
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Investors have shown high demand this year for senior bank debt in Europe
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