Restructuring German lender Nord/LB has banked EUR 2.15bn ($2.43bn) from two bond sales.
Subsidiary Deutsche Hypo issued a benchmark mortgage securities issue with a 10-year term that was slightly oversubscribed at EUR 750m, it said.
The bond was primarily placed with institutional investors in Asia and Europe and carries a coupon of 0.75%.
And a Luxembourg subsidiary sold a five-year bond that was significantly oversubscribed at EUR 1.4bn.
