BANCO Pastor, a Spanish bank based in Galicia, has established a $1bn Euro-MTN programme under which it plans to launch an inaugural transaction early next week. The bank's debut in the international capital markets is expected to be a dollar floater. Deutsche Morgan Grenfell has arranged the programme and will be joined in the dealer group by ABN Amro, Banco Pastor, Goldman Sachs, JP Morgan, Lehman Brothers, Merrill Lynch and Paribas.
June 05, 1998