(1888PressRelease)
June 22, 2009 - The issue has a volume of EUR 1 billion, a maturity of five years and seven months and a coupon of 4.75%. The order book stood at a total of EUR 1.7 billion. The bond was subscribed largely by international, mainly European investors as well as German ones.
“The issue is part of our general refinancing strategy, and the great interest on the part of investors is a further indication of the market’s confidence in Commerzbank,” said Michael Reuther, responsible for the capital markets business in the Board of Managing Directors of Commerzbank. Bookrunner for the transaction was Commerzbank, co-leads were BBVA, BNP Paribas and DZ Bank.
About Commerzbank
We are a reliable partner and an effective provider of financial services to private customers. We are the best bank from the point of view of German SMEs, and as such we successfully support our customers’ business activities – here in Germany and worldwide.
With the merging of Dresdner Bank into Commerzbank in May 2009, a new leading bank is formed: the new Commerzbank is building on its strengths as a relationship bank for private and corporate customers in Germany, as a strong universal bank with many years of effective and comprehensive experience built up by two long-established institutions.
https://www.commerzbank.com
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