Deutsche Bank announces bond buyback worth 4.8bn

GMT 14:53 2016 Friday ,12 February

Arab Today, arab today Deutsche Bank announces bond buyback worth 4.8bn

Deutsche Bank
Berlin - Arab Today

Germany's biggest lender Deutsche Bank announced Friday it would repurchase up to 4.8 billion euros ($5.4 billion) in bonds, adding that its liquidity position is strong enough to buy back the debt.

The offer for bonds denominated in euros is worth up to 3 billion euros, while that for debt denominated in US dollars totals up to $2 billion.


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