RLB OÖ mandates for 15 year ahead of ‘crowded’ expectations

Raiffeisenlandesbank Oberösterreich has signalled that it will issue a new 15 year covered bond in the euro market next week, with the Austrian bank keen to book its spot in an extremely crowded market.
RLB OÖ has mandated DekaBank, DZ Bank, Erste Group, Raiffeisen Bank International and UniCredit to run the sale of its new 15 year Austrian covered bond.
The deal is expected to be launched in the euro market towards the beginning of next week. Its ...Already a subscriber? Login