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Sterling High Grade Financial - Winner: Lloyds TSB Bank

Bookrunner: UBS

A rare issuer, Lloyds TSB's debut European senior transaction was also notable for being the first public syndicated deal for a financial issuer since the markets closed in September.

Following the collapse of Lehman Brothers, the public primary market had remained firmly shut for a month, and the market was still in crisis mode when the UK Treasury announced its capital guarantee on

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