Danske heads to the regions and brings back record deal.

The article reports on the €3 billion fixed/floating issue launched by Danske Bank in the regional bond market in Europe. It cites that the floating issue lured as much as €6.6 billion of orders across both tranches. According to the author, the concept behind regional transactions is to drill down to smaller accounts including savings banks in Germany but also elsewhere in Europe. It states that Danske opted for a four lead approach in order to include the key regions in Europe where it wanted to sell the bonds.