Commerzbank gets set to break its silence in AT1

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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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