Deutsche takes advantage of ‘helpful’ market to lift €1.5bn in AT1 capital
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Deutsche takes advantage of ‘helpful’ market to lift €1.5bn in AT1 capital

◆ Pricing above 8% confused rival bankers who put fair value in high 7% ◆ Large size deemed motivator for the trade ◆ Likely refi of $2.75bn in AT1 calls later this year

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