Lloyds Bank
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Deal priced with 3bp premium to ING's Green Lion 2026-1
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◆ UK lender raises $4.5bn-equivalent in five senior holding company tranches this week ◆ Both deals target long dated funding ◆ Despite secondary widening, euro offering lands with hardly any premium
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Post-earnings issuance surged with borrowers taking advantage of tight spreads to raise more than $14bn in early February.
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Here are some of the winners in DCM and syndicate
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Syndicate and trading executives get wider responsibilities
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John Winter will hand over to former colleague
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UK bank trio stands out in heavy Yankee onslaught either side of Fed meeting
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◆ Sterling covered bond follows AT1 and senior deals in US dollars ◆ Latest trade is the tightest Sonia covered of 2025 ◆ Comes amid visible recent performance in the asset class
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◆ Barclays raises €1.75bn in dual tranche senior ... ◆ and issues Singapore dollar AT1 ◆ Lloyds pulls $9bn of orders for US dollar AT1
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◆ Investors pledge strong demand for 'exotic' deal ◆ Slim premium paid ◆ UBS takes €1bn at five years
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