Deutsche to swap senior for sub in funding revamp

GLOBALCAPITAL INTERNATIONAL LIMITED, a company

incorporated in England and Wales (company number 15236213),

having its registered office at 4 Bouverie Street, London, UK, EC4Y 8AX

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement | Event Participant Terms & Conditions

Deutsche to swap senior for sub in funding revamp

Deutsche_Bank_PA_575x375_110520
A logo of Deutsche bank, on May 09, 2020 in Paris, France. Photo by David Niviere/ABACAPRESS.COM | Niviere David/ABACAPRESS.COM/ABACA/PA Images

Deutsche Bank sold a new tier two on Monday while offering to buy back some of its non-preferred senior debt from investors. The liability management exercise will help the issuer adapt its balance sheet to a new regulatory environment amid Covid-19.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request a Free Trial or Login
Gift this article