KBC heads for ‘opportunistic’ holdco after senior lull

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KBC heads for ‘opportunistic’ holdco after senior lull

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 Group was set to raise €750m of seven year senior debt from its holding company on Monday, adding a second point to its curve and putting an end to the lull in euro issuance.

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