Deutsche Bank plans Tier 2 as part of capital boost plans

Wed May 1, 2013 11:45am EDT

LONDON, May 1 (IFR) - Deutsche Bank, rated A2/A+/A+, announced plans on Wednesday for a Tier 2 dollar-denominated bond. A two-week roadshow for the self-led bond will begin next week in Europe before moving to the US the following week.

The Tier 2 bond is part of the German bank's plans to issue new stock and increase its capital reserves having drawn criticism for having insufficient cushions to handle another financial crisis.

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.