HCB offers to repurchase covered bonds as it shrinks its balance sheet

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Covered Bonds

HCB offers to repurchase covered bonds as it shrinks its balance sheet

Tyler Davies
November 06, 2019 12:30 PM
Hamburg_Commercial_Bank_Alamy_230x150_061119
RHX3DP 04 February 2019, Hamburg: Passers-by pass by the main entrance of the Hamburg Commercial Bank headquarters. Two months after the privatisation, HSH Nordbank now officially bears the new name Hamburg Commercial Bank. The change of name to a private commercial bank was formally completed with the entry in the commercial registers of Hamburg and Kiel on Monday. Photo: Christian Charisius/dpa | Alamy Stock Photo

Hamburg Commercial Bank is offering to buy back up to €1bn of its Pfandbrief notes, as the newly privatised German lender seeks to reduce its assets and liabilities in line with one another.

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Senior DebtGermanyEuropeEMEAFIGCovered Bonds
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Tyler Davies
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