Brief: Varengold Bank AG issues CoCo-Bonds

Ascory Bank AG

28/08/2014 07:57

Aug 28(Reuters) - Varengold Bank AG  VG8G.DE  
    * Said on Wednesday it had issued CoCo-Bonds (contingent 
convertible bonds) with total nominal value of EUR 5 million  
    * Said placed bonds in full by a business partner 
    * Said resulting income is generally considered as 
additional core capital (tier-1 capital) 
     
  
 Source text for Eikon:  ID:nEQ294gFra  
     
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Keywords: VARENGOLD BANK/BRIEF