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Scandinavian Tobacco (STGDC; Baa3/NR) 5Y IPT

CONSUMER STAPLES

€300m WNG 5Y IPT MS +290-300

  • it's giving some width here, FV to follow
Other day; a welcome back to STG for its 2nd public bond issuance. The first was in 2020 and is tendering that line 1yr early at MS+105 (closed at +137 yesterday).

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