Two AT1s fail in quick succession as Van Lanschot steps back
Van Lanschot decided not to go ahead with its first additional tier one after opening books on Monday, a few days after Volksbank Wien had to postpone a similar transaction.
The Dutch bank had said that it was looking to raise €75m-€100m of new capital with a new perpetual non-call five year instrument.It spoke with investors during a roadshow last week. Lead managers Goldman Sachs and Morgan Stanley opened the books on Monday with initial ...
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