LBBW ‘bang on’ with green non-pref despite softer backdrop

LBBW_Alamy_230x150
By David Freitas
17 Jul 2019

LBBW extended its non-preferred senior curve with a new green bond this week, hitting lead managers' price expectations in spite of soft market conditions.

LBBW was marketing a seven year senior non-preferred bond in green format on Wednesday. The size was capped at €500m from the outset.

It chose Crédit Agricole, DZ Bank, HSBC, LBBW and Nordea as bookrunners and started out with price thoughts in the 65bp ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.