Deutsche floats ‘big numbers’ in four-part MREL offering

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Deutsche floats ‘big numbers’ in four-part MREL offering

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A Deutsche Bank-stockholder is pictured next to the bank's logo on their way to the shareholders' meeting in Frankfurt, Germany. | A3399 Arne Dedert/DPA/PA Images

Deutsche Bank offered large new issue premiums in an effort to lure investors towards four tranches of non-preferred senior debt in euros and sterling on Tuesday. The decision to include a two year offering caught some market participants by surprise.

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