February 14, 2018 / 8:07 AM / 7 months ago

Deutsche Bank marketing EUR500m long 7yr hypo pfand at MS-8 area

LONDON, Feb 14 (IFR) -

* Guidance MS-8 area, EUR500m no-grow, tbp today. Due 21 Aug 2025, pay 21 Feb, German law, Frankfurt listing, 1k/1k denoms, Reg S Tefra D, ISIN DE000DL19T67. Short first coupon. DB is B&D. (8am)

Deutsche Bank AG has mandated Deutsche Bank, Commerzbank, Natixis, SG CIB and Swedbank to lead manage its forthcoming EUR 500mn (no grow) RegS bearer, ECB eligible, Hypothekenpfandbrief (Mortgage-backed Covered Bond). The issue is expected to be rated Aaa by Moody’s and will bear a long 7y maturity. The transaction is expected to be launched in the near future, subject to market conditions. Manufacturer target market (MIFID II product governance): Eligible Counterparties, Professional and Retail clients (all distribution channels). No KID necessary. (8am)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below