Santander resuscitates senior issuance with €3.25bn 'blow-out' dual trancher

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Santander resuscitates senior issuance with €3.25bn 'blow-out' dual trancher

Banco Santander in Warsaw, Poland. May 21st 2021
© Wojciech Strozyk / Alamy Stock Photo *** Local Caption ***

◆ Spanish bank finds 'good window' to pre-fund ◆ Pays just 10bp NIP for 4NC3 and eight year SNP ◆ Longer tranche is more popular

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