Commerzbank hits tier two amid ‘deal fatigue’

Commerzbank 2
By Tyler Davies
09 Jan 2017

Commerzbank walked away with €500m of tier two capital on Monday, though the German lender was unable to build a large book amid a bout of deal fatigue in the euro market.

Commerzbank hired Bank of America Merrill Lynch, Commerzbank, Crédit Agricole, Credit Suisse and UBS as bookrunners for the new 10 year tier two sale, while Bank of Montreal, Royal Bank of Canada and SEB joined as lead managers without books.

Initial price thoughts ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.