Investors put $4.75bn behind Danske's equity conversion AT1

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Investors put $4.75bn behind Danske's equity conversion AT1

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A sign that reads 'Danske Bank' (Danish Bank) seen on a bank building in Aarhus, Denmark, 23 November 2016. Photo: Carsten Rehder/dpa | Carsten Rehder/DPA/PA Images

Danske Bank was looking to raise $750m of new capital in its first equity conversion additional tier one (AT1) on Tuesday, as it dipped into a huge pool of demand in the Reg S market.

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