BayernLB ‘exceeds price target’ on ABS sale
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BayernLB ‘exceeds price target’ on ABS sale

Tom Porter
October 30, 2014 11:00 AM

BayernLB managed to beat the price target it set for the sale of its entire €6.5bn ABS portfolio on Tuesday, selling the assets to mainly US and Swiss banks and ending its guarantee agreement with the Bavarian state ahead of time.

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