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‘Bullish mood’ helps Commerzbank crank pricing on AT1

Commerzbank_Adobe_575x375_12November2020
By Frank Jackman
15 Jun 2021

Commerzbank was almost six times covered at the peak of its book for a €500m additional tier one (AT1) on Tuesday, as the German firm leveraged the small size of the transaction to squeeze pricing.

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By Frank Jackman
15 Jun 2021