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Green and Social Bonds and Loans

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◆ Telefónica started 25bp tighter despite lower rating ◆ Both deals increased on bulging demand ◆ Spreads land close to fair value
◆ Leads increase deal size due to demand ◆ Book kept growing after reoffer tightened ◆ Gap between Greek and Italian spreads shrinking, says rival banker
◆ Three European lenders hit a busy Friday market with senior bonds ◆ OP Corporate Bank prints the largest of these in a two-part dual-format structure ◆ Once-a-year issuer Iccrea Banca lands at sub-100bp
Issuer braves market volatility to move ahead alone ahead of competing supply, achieving largest unsecured book
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