Commerzbank ‘ticks all boxes’ on green debut

By Tyler Davies
16 Oct 2018

Commerzbank enjoyed a smooth execution for its first green bond on Tuesday, having found a clear window to issue amid recently volatile market conditions.

The German bank opened books on the new five year non-preferred senior deal with initial price thoughts of 105bp-110bp over mid-swaps.

Bookrunners ABN Amro, BBVA, Commerzbank, Crédit Agricole and ING published regular update on the size of the order book, which had topped €700m by 9.45am ...

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