Lloyds BCM offers ‘healthy’ NIP with euro senior debut

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Lloyds BCM offers ‘healthy’ NIP with euro senior debut

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File photo dated 13/9/2016 of a sign outside a Lloyds Bank in New Street, Birmingham. Lloyds Bank is to close a further 100 branches, with the loss of over 200 jobs, said the Unite union. | Joe Giddens/PA Archive/PA Images

Lloyds Bank Corporate Markets was marketing its first senior unsecured bond in euros on Friday, taking advantage of a quiet primary market. The issue gave investors a ‘healthy’ new issue premium, according to a FIG banker.

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