Oct
11
Deutsche Bank Said to Boost Private Bond Sale to $4.5 Billion
ByLess than a week after raising $3 billion in a private debt sale, Deutsche Bank AG returned for another $1.5 billion, offering yields that were more than twice what it paid to borrow a year ago.
The German lender issued the debt to mostly the same investors who bought last week’s offering, according to a person with knowledge of the matter. But it paid a slightly smaller premium this time around, with the deal priced at 290 basis points above borrowing benchmarks, said the person, who asked not to be identified because the information isn’t public. The premium on the Oct. 7 sale was 300 basis points…
Deutsche Bank Said to Boost Private Bond Sale to $4.5 Billion
