NordLB pulls trigger on dollar tier one
Norddeutsche Landesbank has gone out with a whisper of low to mid-10% for its dollar hybrid tier one issue. The issue is said to have attracted $2bn of orders since the books opened this morning and will be priced this week. Bank of America Merrill Lynch, Goldman Sachs, HSBC and UBS are leading the transaction. Read EuroWeek on Friday to find how the dollar market has reacted to this latest tier one deal.
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