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FMS Wertmanagement Raises €3B

FMS Wertmanagement has raised €3 billion through a sale of bonds.

FMS Wertmanagement has raised €3 billion through a sale of bonds, Reuters reports. The notes carry a coupon rate of 2.25%.

The bonds are scheduled to mature on July 14, 2014. The German lender appointed BayernLB, Citi, Deutsche Bank and Morgan Stanley as lead managers for the transaction.

Click here for the story from Reuters.

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