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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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A sovereign issuing bonds after US military strike threats would be absurd if those threats had been made by any other president -
More than $11bn of issuance this week means volumes approaching $300bn for the first time
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Debut benchmark deal draws book over €2.6bn
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Investors are growing full of heavy subordinated issuance
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Deal will be the first 20 year dollar trade from a CEEMEA sovereign this year
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Yields are far lower than when the industrial investor debuted in 2023
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