Helaba attracts most demand for any Pfandbrief in 2014
Landesbank Hessen-Thüringen (Helaba) opened books for a public sector Pfandbrief due February 2019 on Monday, having announced the mandate last Friday. At €1bn, the deal was twice the size of any other German deal issued this year. It was priced with a generous, though not unusual, new issue premium but attracted the highest oversubscription for a Pfandbrief this year.
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