DNB Bank Said to Sell 750 Million Euros of Tier 2 Bonds

DNB (DNB) Bank ASA is selling 750 million euros of Tier 2 bonds that will be priced to yield 325 basis points more than the benchmark mid-swap rate, according to a banker involved in the deal.

To contact the reporter on this story: Hannah Benjamin in London at hbenjamin1@bloomberg.net

To contact the editor responsible for this story: Michael Shanahan at mshanahan3@bloomberg.net

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.