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NN Bank €500m 10 year inaugural soft bullet ‘pays off’

Posted on 30 June 2020


NN Bank generated one of the biggest books in three weeks today for an inaugural soft bullet issue, a €500m no-grow 10 year that bankers said came some 10bp inside where the Dutch issuer might have issued in its prior CPT format, but at a double-digit spread that still proved attractive for investors...

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