EQB's Equitable Bank issues €500 million in covered bonds
EQB's Equitable Bank completed a EUR 500 million (CAD 797 million) covered bond issuance. The bonds carry a 3.75% coupon, were priced to yield 3.79% and mature December 7, 2029. Moody's rated the bonds Aa1; Fitch assigned AA+. * The issuance is the bank's seventh under its CAD 3 billion Global Legislative Covered Bond