Report
Norddeutsche Landesbank GZ : Five-year benchmark SNP issue
NORD/LB has today issued an inaugural € 500m five-year Senior Non-Preferred benchmark issue. It will be rated A1/A+. - We initiated coverage of this issuer in July with Buy recommendations on the Tier 2 2034/29 notes, the inaugural issue this year, and Reduce recommendations on the lower-yielding senior bonds. - We take advantage of this offering to review the interim results released last week and the latest rating actions. - > - - - ...
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Oddo BHF
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Carine Maciol
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