Feb. 22 (Bloomberg) -- Deutsche Bank AG plans to sell 500 million euros of seven-year covered bonds, according to a banker with knowledge of the transaction.
The notes may be priced at a yield in the mid to high 20 basis-point area more than the benchmark mid-swap rate, the banker said. Credit Agricole SA, Natixis and UniCredit SpA are managing the sale with Deutsche Bank.
To contact the reporter on this story: Hannah Benjamin in London at firstname.lastname@example.org
To contact the editor responsible for this story: Andrew Reierson at email@example.com