Dekabank surprises with swift pref bond sale

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Dekabank surprises with swift pref bond sale

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CT11WG DekaBank in Frankfurt / Main | Alamy Stock Photo

Dekabank was quick to launch a preferred senior bond on Thursday, garnering 2.5 times the demand it needed for its €500m print by mid-morning in London. The German lender only ended up paying a small new issue premium to its investors.

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