November 20, 2014 BY LeapRate Staff

Saxo Bank taps bond market for EUR 42.5 million fundraising

Leading retail forex broker Saxo Bank has announced that it has issued additional Tier 1 capital (under the CRD IV and CRR regulation), via a perpetual callable bond offering totaling EUR 42.5 million (about $53 million, or DKK 317 million). The offering comes just as Saxo Bank reported one of its best months ever volume-wise,…

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