German investors welcome rare LBBW senior

GlobalCapital

May 30, 2017 01:15 pm

LBBW_PA_230x150 — The logo of the State Bank of Baden-Wuerttemberg LBBW is featured at the entrace to its headquarters in Stuttgart, Germany, 22 November 2012. Stuttgart's local council discusses the transformation of 'silent investments' in the bank into core capital. Photo: BERND WEISSBROD | Bernd Weissbrod/DPA/PA Images

Landesbank Baden-Württemberg (LBBW) made a rare entry into the senior unsecured market on Tuesday, picking up €1bn of new five year funding on the back of strong levels of domestic support.

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Topics

Senior Debt LBBW Germany Europe EMEA FIG

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