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Pbb fails to take off, hindsight suggests guidance aggressive

Posted on 9 October 2019


A €500m six year Pfandbrief for Deutsche Pfandbriefbank (pbb) struggled today, with pricing in the middle of initial guidance and a lack of book updates leading bankers to surmise that the deal was not fully subscribed. Hypo Tirol is expected with a €500m seven year tomorrow...

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