Two AT1s fail in quick succession as Van Lanschot steps back

By Tyler Davies
08 Oct 2018

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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