Reported 2 days ago
Deutsche Bank AG has garnered significant interest in its €1.5 billion Additional Tier 1 bond issuance, attracting approximately €10 billion in orders despite recently choosing not to call on a similar bond. This decision, which traditionally might have upset investors, suggests a shift in sentiment as high demand remained following the skipped redemption. The perpetual bond, carrying a 7.125% coupon, will help bolster the bank's regulatory capital amid continuous restructuring efforts.
Source: YAHOO