by bondevalue | Apr 14, 2021 | Financial Institutions, Perpetual Bonds
Dutch lender Rabobank raised €750mn via Perpetual non-call 7.66Y Additional Tier 1 (AT1) bonds at a yield of 3.1%, 323.4bp over Mid Swaps and 40bp inside initial guidance of 3.5% area. The AT1s are expected to be rated Baa3/BBB vs. Rabobank’s rating of...