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Commerzbank launches tender offer for up to EUR 750 million of AT1 notes

PUBT·09/03/2026 07:00:08
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Commerzbank launches tender offer for up to EUR 750 million of AT1 notes
  • Commerzbank launched cash tender offers for up to EUR 750 million of its undated non-cumulative fixed to reset Additional Tier 1 notes.
  • The offers cover EUR 500 million 6.5% Additional Tier 1 Notes of 2020, first call Oct. 9, 2029, and EUR 500 million 4.25% Additional Tier 1 Notes of 2021, first call Oct. 9, 2027.
  • Pricing set for Sept. 11, 2026, based on interpolated mid-swap rates plus 110 bps for the 2020 notes, 90 bps for the 2021 notes.
  • Settlement targeted for Sept. 15, 2026, conditional on issuance of new EUR-denominated undated non-cumulative fixed to reset Additional Tier 1 notes.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Commerzbank AG published the original content used to generate this news brief on September 03, 2026, and is solely responsible for the information contained therein.