Danske returns to unsecured after laundering revelations

By Jasper Cox
04 Jan 2019

Danske Bank is looking to issue a senior non-preferred bond, giving primary market investors a chance to judge the institution after developments in a money laundering scandal have raised the prospect of it receiving a large fine from US authorities. Danske follows BNP Paribas, which paid up to print a new deal on Thursday.

The Danish bank has picked its own investment bank, Bank of America Merrill Lynch, Barclays, Goldman Sachs, JP Morgan and UBS to arrange meetings with investors.

It will meet investors in New York on Monday and Boston on Tuesday, while also calling potential ...

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