ING’s Austria/Germany Unit Plans Covered Bond

05 Mar 2012

ING DiBa AG, ING Groep’s direct and retail banking unit in Austria and Germany, plans to launch a benchmark-size seven-year covered bond denominated in euros, in the near future, depending on market conditions.

ING DiBa, ING Groep’s direct and retail banking unit in Austria and Germany, plans to launch a benchmark-size seven-year covered bond denominated in euros, in the near future, depending on market conditions. BNP Paribas and Commerzbank are joint bookrunners on the deal.

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