LBBW set to be first of FIG in 2020

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By Tyler Davies
06 Jan 2020

LBBW has picked banks to arrange the sale of a new euro covered bond as activity in the market gets off to a slower start than usual following the new year break.

The German lender has mandated ABN Amro, BNP Paribas, LBBW, Lloyds Bank Corporate Markets, Natixis and TD Securities as joint lead managers for its new mortgage covered bond.

The seven year mortgage-backed transaction is expected to be launched in the near future, ...

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