Deutsche Gets €1.5B In Long-Term Funding

Deutsche Bank has raised a total of €1.5 billion in long-term funding from investors.

Deutsche Bank has raised a total of €1.5 billion in long-term funding from investors, The Wall Street Journal reports. The lender initially planned to raise €1 billion. Half of the buyers were German investors and the rest were mainly Europeans. The bank’s two-year bonds were offered at 98 basis points over the three-month Euribor rate.

Click here for the story The Wall Street Journal.

Click here for additional coverage from City A.M.