LBBW readies debut AT1 as banks adapt to new rules changes

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LBBW readies debut AT1 as banks adapt to new rules changes

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RT77J9 Stuttgart, Germany. 28th Feb, 2019. The lettering of Landesbank Baden-Wurttemberg (LBBW). LBBW has presented its preliminary business figures. 2018 the bank earned 420 million euros after taxes. Credit: Sebastian Gollnow/dpa/Alamy Live News | Alamy Stock Photo

Landesbank Baden-Württemberg (LBBW) met investors this week to discuss a debut sale of additional tier one (AT1) bonds. Changes in regulation are prompting issuers to seek new deals in the asset class to optimise their capital layers.

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