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Commerzbank Issues EUR 500 Million Notes Without Stabilisation

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Commerzbank Issues EUR 500 Million Notes Without Stabilisation

Commerzbank ( (DE:CBK) ) has provided an update.

Commerzbank announced that no stabilisation actions were undertaken for its EUR 500 million 3NC2 Preferred Senior Floating Rate Notes issued under its MTN Programme. The notice clarifies that the offering of these securities was not subject to stabilisation measures, indicating a straightforward issuance process without market intervention.

More about Commerzbank

Commerzbank is a major German bank operating in the financial services industry, providing a range of banking products and services. It primarily focuses on corporate and investment banking, retail banking, and asset management, serving both domestic and international markets.

YTD Price Performance: 31.66%

Average Trading Volume: 1,576,915

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €24.42B

For a thorough assessment of CBK stock, go to TipRanks’ Stock Analysis page.

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