Deutsche Pbb finds lukewarm demand in pref senior

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Deutsche Pbb finds lukewarm demand in pref senior

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DADP53 The logo of the Deutsche Pfandbriefbank seen in Unterschleissheim near Munich, Germany, 01 November 2011. In the course of the investigation about the billion euro error of the Hypo Real Estate's 'bad bank', the HRE herself has come onto focus. According to sources in financial circles from 31 October 2011, the HRE, now called Pfandbriefbank, has done a majority of the processing f | Alamy Stock Photo

Deutsche Pfandbriefbank was marketing a five year senior preferred bond in the euro market on Thursday. The deal was launched at a spread unmoved from price thoughts, with order books only €125m larger than the deal size.

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