Investors to snub Hamburg Commercial Bank debut

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By David Freitas
09 May 2019

Hamburg Commercial Bank is looking to land a debut senior bond in the euro market in May, hoping to open a new chapter in the history of the restructured HSH Nordbank. But the institution may find it difficult to move on, with a group of influential investors angry over previous management decisions threatening to derail the deal.

Hamburg Commercial Bank is set to enter the bond market for a preferred senior note, for which it started investor meetings on Monday.

But a group of more than 35 investors said on Tuesday they would not participate in the sale.

The group of investors, whose assets under ...

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