Grenke hits the road for potential euro AT1

By David Freitas
25 Nov 2019

Grenke on Monday announced new plans for additional tier one (AT1) bond on Monday. The bank and leasing company could be looking at a small issuance window for its offering, with DCM officials predicting an early end to the year for deal flow.

Grenke is aiming to sell a euro AT1 bond with a perpetual maturity, callable after seven years.

The German issuer mandated Deutsche Bank and HSBC to run investor meetings. It is running a global investor call on Monday.

The intended securities will be callable from March ...

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