Issuer: Capital One Bank
Amount: $1 billion
Launched: October 1997
Arranger: Morgan Stanley Dean Witter
“Our strategy doesn’t lend itself to sound bites,” claims Nigel Morris, president and chief operating officer of Capital One Financial Corporation. But this flamboyant ex-strategy consultant goes on to characterize his company’s approach as “attempting to reconcile the unreconcilable”.
The Virginia-based financial services company is now bringing its paradoxical style to the Euro-MTN market, signing a $1 billion programme arranged by Morgan Stanley Dean Witter for Capital One Bank.
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