Commerzbank gets set to break its silence in AT1

By David Freitas
25 Jun 2019

Commerzbank said on Tuesday that it was looking to issue its first ever additional tier one (AT1) instrument, following a roadshow that begins later this week.

The Reg S dollar transaction is expected to have a volume of at least $500m. It will be perpetual, with a first call date in April 2025.

The German lender has chosen BarclaysCommerzbank, HSBC, JP Morgan and UBS to run the trade. Investor ...

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