Deutsche ‘exploring all options’ with first sterling senior

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By Tyler Davies
23 Feb 2017

Deutsche Bank was looking for its first senior bond in the sterling market on Thursday, having recently tapped two euro deals as it looks to lock in low funding costs.

Deutsche Bank was the sole bookrunner for its three year transaction, circulating initial price thoughts of Gilts plus 185bp on Thursday morning.

By the time investors had put £500m ($627.8m) orders behind the new deal, the German lender ...

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