Commerz mandates for first structured SME deal
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Covered Bonds

Commerz mandates for first structured SME deal

Commerzbank has mandated leads for Europe’s first ever SME structured covered bond. Meanwhile, the success of UniCredit’s seven year on Monday, could spur deals from German, Nordic and possibly Spanish issuers, bankers told The Cover. However, secondary market activity has slowed after a brisk start last week.

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