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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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The trade is the most raised by an EM sovereign in one day in nearly four years -
FAB and Saudi Arabia are likely comparables to the social bond
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The bank is the first non-sovereign from the GCC to issue new debt this year
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Differing products and staggered timing of pricing will mitigate timing concerns, said bankers
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Size so far unclear but could get close to last year's $10bn
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Sponsored by CAF – Development Bank of Latin America and the Caribbean
CAF gearing up to transform regional development
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Sponsored by Emirates NBD Capital
Emirates NBD Capital: An unrivalled conduit for Middle East liquidity
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Sponsored by European Investment Bank
European Investment Bank: Supporting sustainable development in North Africa
