September 24, 2024 07:46 GMT
CREDIT SUPPLY: ABN FV (EU750m WNG 7Y Green Sr Pref; Aa3/A/A+)
CREDIT SUPPLY
- IPT given at MS+105bps
- Not much in terms of Dutch Sr Pref curves to go off; we see FV around MS+77.5bps.
- Recent bullets; https://marketnews.com/financials-abn-results-positive-guidance-upgraded-positive-spread-opportunity, https://marketnews.com/financials-abn-ceo-stepping-down-unlikely-a-credit-event.
23 words