Bloomberg News

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

March 01, 2012

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


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