Hamburg Commercial issues pref note in strong debut

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Hamburg Commercial issues pref note in strong debut

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04 February 2019, Hamburg: A woman walks through the main entrance to the headquarters of Hamburg Commercial Bank. Two months after the privatisation, HSH Nordbank now officially bears the new name Hamburg Commercial Bank. The change of name to a private commercial bank was formally completed with the entry in the commercial registers of Hamburg and Kiel on Monday. Photo: Christian Charisius/dpa | Christian Charisius/DPA/PA Images

Hamburg Commercial Bank priced its inaugural public bond on Thursday, a preferred senior deal which seemed to be unaffected by the litigation threat the bank is facing as it attracted €1.2bn of demand.

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