By Lewis McLellan
25 May 2021
Three public sector issuers hit the market with euro deals on Tuesday, but each opted to raise €500m or less. Their success could embolden Land NRW to return with its deal, but the market has yet to be tested by an issuer of its class.
Land NRW is expected to bring the 10 and 20 year sustainability dual tranche deal it mandated last week to market in the next day or two. A market source indicated that “conditions are improving” for the borrower, and added that it would likely hope to come to
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