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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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Ukraine's plan would save $3bn in redemption payments alone -
Argentine energy name increases coupon on exchanged bonds
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Sanctions prevent most other Russian corporates from repaying foreign bondholders
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There are technical reasons for such wide spreads, in particular very low liquidity
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First pure corporate deal from LatAm since May 10 but list of potential issuers ‘very short’
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Appetite for IPOs in the country has been unaffected by Tecom's disappointing debut, according to bankers
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