Commerzbank welcomes more than €5bn of orders on pref senior debut

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Commerzbank welcomes more than €5bn of orders on pref senior debut

Commerzbank_PA_230x150
The headquarters of Commerzbank in Frankfurt (Germany) with its lights on in the evening of February 22, 2011. The partially nationalized German bank Commerzbank, began 2012 with a drop of more than 60 percent in its first quarter earnings, as informed on May 9, 2012. Photo: Arne Dedert / dpa / au | Arne Dedert/DPA/PA Images

Commerzbank was offering enough of a spread for its debut preferred senior deal to be able to tap into a deep pool of pent-up demand in the euro market on Tuesday.

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