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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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Meanwhile, Gulf borrowers head private as Iran war volatility keeps public flow thin -
Sovereign praised for move to secure funding after volatility
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Books for the jumbo €5bn deal were more than three times subscribed
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The spread to the sovereign was well over 100bp at initial pricing
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Kuwait joins PP party
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The bank is capitalising on an investor base starved of CEE bank issuance
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