DNB Bank screams into tier two with tight 10 NC5
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DNB Bank screams into tier two with tight 10 NC5

DNB Bank

Norway’s DNB Bank took advantage of an ebullient tone in credit markets on Thursday following the US Federal Reserve’s decision not to taper asset purchases, printing a €750m 10 year non-call five deal with a minimal new issue premium. Austrian lender Bawag was less fortunate — it cancelled plans for a subordinated trade after completing a European roadshow.

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