Commerzbank To Buy Back EUR600 Mln In Hybrid Securities

Commerzbank has offered to buy back EUR600 million ($810.65 million) in hybrid debt securities as it attempts to strengthen its core Tier 1 ratio.

  • 05 Dec 2011

Commerzbank has offered to buy back EUR600 million ($810.65 million) in hybrid debt securities as it attempts to strengthen its core Tier 1 ratio. The offer involves five different securities at prices ranging from 52.5% to 40% of their nominal value.

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