Commerzbank launches Australian dollar tier-two EMTN

Commerzbank (A-/A1/BBB+, with an expected issue rating of BBB-/Baa3/BBB) launched a new Australian dollar tier-two transaction on 20 August, from its EMTN programme. The 10-year deal is being led by Commerzbank, Deutsche Bank, National Australia Bank and TD Securities and is expected to price on day of launch.

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