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Tuesday, May 20, 2014

Deutsche Bank Tier 1 paper raised €20B worth of demand.

Deutsche Bank has attracted over €20B worth of demand for its debut Additional Tier 1 paper, which is being sold in three tranches. Deutsche Bank (DB) was planning to raise €3B-equivalent ahead of its annual meeting on Thursday. The debt adds to €8B of equity that the German bank issued over the weekend.

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