MADRID Jan 16 Spain's Banco Santander,
is issuing a seven-year senior unsecured bond on Wednesday, IFR
Markets, a Thomson Reuters news and market analysis service,
reported on Wednesday.
Several Spanish companies have taken advantage of better
investment sentiment since the beginning of the year to raise
money on the markets after being shut out for most of 2012 when
investors fretted over Spain's finances.
Spain's third-biggest lender Caixabank, utility
Gas Natural, bank BBVA and Europe's biggest
telecoms company by revenue, Telefonica, have all
raised funds since the beginning of the year.
Spain's biggest bank mandated Goldman Sachs International,
Santander GBM, Societe Generale CIB and UBS Investment Bank to
manage the issue, initially expected to price at 275 basis
points over mid-swaps.
IFR said Santander's issue was expected to be completed on
(Reporting by Clare Kane; Editing by Paul Day and Hans-Juergen