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◆ Spanish lender prints larger bond at a tighter spread than state-owned French peer ◆ Rarer in the non-preferred asset class than La Banque Postale ◆ Bankinter's deal also a green bond
◆ Italian bank's first benchmark euro trade since 2023 ◆ 40% of orders withdrawn after price revision ◆ Heavy interest from ESG accounts
The lender has only printed AT1 in the dollar market during the last few years
Tight spreads are offering attractive funding climate for foreign as well as diverse US financial institutions, including those exposed to private credit
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Swiss lender joins a string of novel names in the euro FIG pipeline
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Wall Street titans act to steady dollar market nerves