Deutsche Annington hybrid bond points to issuance uptick

Deutsche Annington is readying a corporate hybrid bond, in a week when car manufacturer Volkswagen completed the largest ever euro-denominated deal

German residential landlord Deutsche Annington is readying a corporate hybrid bond, in a week when car manufacturer Volkswagen completed the largest ever euro-denominated deal in a burgeoning market for hybrid debt.

The company completed a roadshow of potential investors for an approximately €500 million hybrid bond on Wednesday, with a formal launch of the deal planned for as early as today, according to bankers familiar with the matter.

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