Hamburg Commercial Bank to hunt for debut senior preferred note

David Freitas

May 02, 2019 04:00 pm

Hamburg_PA_230x150 — 04 February 2019, Hamburg: A passer-by passes by the main entrance of the Hamburg Commercial Bank headquarters (recording with long shutter speed). Two months after the privatisation, HSH Nordbank now officially bears the new name Hamburg Commercial Bank. The change of name to a private commercial bank was formally completed with the entry in the commercial registers of Hamburg and Kiel on Monday. Photo: Christian Charisius/dpa | Christian Charisius/DPA/PA Images

Hamburg Commercial Bank is set to meet with investors from May 6 to explore the possibility of selling its first ever preferred senior bond in euros. Onlooking bankers expect a positive reception for the German lender, which used to be known as HSH Nordbank.

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David Freitas