Sondrio lines up T2 as Italian banks revel in renewed market access

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Sondrio lines up T2 as Italian banks revel in renewed market access

Tyler Davies
July 22, 2019 01:00 PM
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ILLUSTRATION - An Italian euro coin stands on an Italian flag in Schwerin, Germany, 15 May 2012. The rating agency Moody's downgraded the solvency of 26 Italian banks due to Italy's poor economic condition. Photo: JENS BUETTNER | Jens Büttner/DPA/PA Images

Banca Popolare di Sondrio is set to become the latest Italian bank to access the market for subordinated debt this month, tapping into a thirst for yield among European investors.

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Tyler Davies
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