Dekabank surprises with swift pref bond sale
Dekabank was quick to launch a preferred senior bond on Thursday, garnering 2.5 times the demand it needed for its €500m print by mid-morning in London. The German lender only ended up paying a small new issue premium to its investors.
The German lender had set the size at €500m from the outset for the Aa2/A+/— transaction.By 9.30am in London, the bookrunners had ...
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