First Aircraft Pfandbrief cleared for take-off
Norddeutsche Landesbank (NordLB) is due to commence roadshowing the inaugural Aircraft Pfandbrief next week. The deal should attract interest from local second and third tier investors in NordLB’s network thanks to the winning combination of a very attractive spread at a low risk weighting. In contrast with ship Pfandbriefe, this asset is more liquid and offers better security.
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