Germanic accounts come out in force to support ING and Raiffeisen
German and Austrian accounts showed their support for core European jurisdictions this week, dominating the allocation in ING’s three year and Raiffeisen Bank International’s five year senior unsecured issues.
German accounts bought 30% of INGs deal. French buyers also showed their support, taking 23%. UK and Irish accounts bought 12%, with the remainder distributed throughout Europe and Asia.
The deal was managed by BNP Paribas, Commerzbank, Deutsche Bank and ING. "We know the Germans love ING and are
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