Plan B: NordLB hits the road to whip up investor interest
Norddeutsche Landesbank concluded a roadshow this week, and hopes are that lower tier two transaction could now surface next week. The issuer, which mandated Crédit Agricole, Credit Suisse, Norddeutsche Landesbank, Royal Bank of Scotland and UniCredit earlier this month, saw investors in Switzerland, Paris and London this week.
The roadshow, which had not been planned at the time of mandate, was driven by investors requests according to a syndicate banker at one of the lead managers. The leads hoped to gain a clearer picture about demand and pricing through the roadshow.
The NordLB mandate took some
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