Yorkshire BS planning EUR500m intermediate tenor senior
By Julian Baker
LONDON, March 5 (IFR) - Yorkshire Building Society has mandated Barclays (LSE: BARC.L - news) , BNP Paribas (LSE: 0HB5.L - news) , Danske Bank (LSE: 0NVC.L - news) and HSBC to arrange a series of investor meetings in Europe from Wednesday 7th to Friday 9th March.
A EUR500m (no grow) senior unsecured transaction with an intermediate maturity will follow, subject to market conditions.
The notes will be in Reg S bearer format and are expected to be rated A3/A- (Moody's/Fitch). FCA/ICMA Stabilisation.
Manufacturer target market (MIFID II product governance) is eligible counterparties and professional clients only (all distribution channels).