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RPT-Deutsche Bank to buy back more than $5 billion in bonds
February 12, 2016 / 1:48 PM / 2 years ago

RPT-Deutsche Bank to buy back more than $5 billion in bonds

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FRANKFURT, Feb 12 (Reuters) - Deutsche Bank will buy back more than $5 billion in senior debt, it said in a statement on Friday.

The lender said it would launch a tender for euro denominated unsecured bonds worth 3 billion euros ($3.38 billion) and a tender for dollar denominated bonds worth $2 billion.

"The Bank's strong liquidity position allows it to repurchase these securities without any corresponding change to its 2016 funding plan", Deutsche Bank said in a statement.

$1 = 0.8873 euros Reporting by Arno Schuetze; Editing by Maria Sheahan

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