Commerzbank finally surfaces in AT1, draws $11bn of demand

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Commerzbank finally surfaces in AT1, draws $11bn of demand

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TD97BX The Commerzbank logo is seen on an LED screen in the background while a silhouetted person uses a smartphone in the foreground (Editorial use only) | Alamy Stock Photo

Commerzbank was more than 10 times subscribed for its first ever additional tier one on Tuesday, despite widespread disagreement in the market about what would constitute fair value for the new securities.

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