Hamburg Commercial to skip Milan meetings on T2 roadshow
Hamburg Commercial Bank will no longer visit Milan on the roadshow for its new tier two bond, with parts of northern Italy having been locked down to contain the spread of Covid-19. But issuers and investors are still managing to get on with their business amid the mounting chaos.
Hamburg Commercial Bank is the clearest example so far of a European bank issuer having adapted to the circumstances of the new epidemic.
The German lender has been meeting with investors from Tuesday to gauge their appetite for a 10 year non-call five tier two bond.It commissioned ...