HCB cancels T2 plans in favour of non-pref senior, AT1

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HCB cancels T2 plans in favour of non-pref senior, AT1

Hamburg_Commercial_Bank_PA_575x375_Nov2020

Hamburg Commercial Bank will no longer proceed with its planned tier two bond, having already attempted twice this year to bring one to the market. Its focus is now turning to issuing senior non-preferred and additional tier one (AT1) paper.

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