abn amro successfully places half billion euro bond despite difficult market /

Published at 2011-10-04 11:20:00

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Despite the eurozone crisis,ABN AMRO has succeeded in raising half a billion euros in additional capital through the sale of uncovered bonds. This means that the bank is borrowing EUR 500 million from investors without pledging any collateral. In the present turbulent market, the success of this bond sale is a strong sign of the bank's creditworthiness.

Source: abnamro.com

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