WL-Bank follows March flop with Eu1bn Pfandbrief blowout

Westfälische Landschaft Bodenkreditbank (WL-Bank) launched a Eu1bn seven year jumbo public sector Pfandbrief this week, in a successful prelude to the heavy September pipeline.

Its 2.75% October 2012 deal was handled on a retention basis, with Barclays Capital, Commerzbank, Deutsche Bank, Dresdner Kleinwort Wasserstein, DZ ...