KBC blows holdco market wide open on senior debut

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KBC blows holdco market wide open on senior debut

KBC
View of the logo of Belgian banking and insurance group KBC in Brussels, February 12, 2009. Belgian banking and insurance group KBC booked a 2.6 billion euros ($3.4 billion) fourth-quarter loss due to writedowns and said on Thursday it saw a rising level of loan losses in Eastern Europe. REUTERS/Francois Lenoir (BELGIUM) - RTXBJDT | © Francois Lenoir / Reuters/REUTERS

KBC was more than 10 times oversubscribed for its holding company-issued senior debut on Wednesday, providing further evidence of the asset class's growing success in Europe.

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