Aareal Bank Plans EUR500M 2013 Covered Bond

9th Jun 2010 09:20

LONDON (Dow Jones)--Aareal Bank (ARL.XE) of Germany is planning to issue a 2013-dated EUR500 million covered bond, one of the banks working on the deal said Wednesday. Barclays PLC, DZ Bank, HSBC Holdings PLC, Landesbank Baden-Wuerttemberg and UniCredit SpA have been hired as joint-lead managers of the deal, which will be launched in the near future, subject to market conditions. -By Ainsley Thomson, Dow Jones Newswires; 44 20 7842 9318; [email protected] (END) Dow Jones Newswires June 09, 2010 04:20 ET (08:20 GMT)

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