Investors fret over NordLB Lux as wind-down looms
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Covered Bonds

Investors fret over NordLB Lux as wind-down looms

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Investors holding the covered bonds issued by NordLB in Luxembourg said on Wednesday that they were concerned about prospective rating downgrades after the bank said it would be wound down and in the wake of Fitch’s announcement on Tuesday that it had withdrawn its covered bond rating.

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