The FINANCIAL — Germany's Aareal Bank AG has set pricing on its EUR500 million covered bond, maturing in 2016, one of the banks running the deal said Monday, according to Borsa Italiana – London Stock Exchange Group .
Initial price guidance is in the area of 60 basis points over midswaps.
BNP Paribas SA, Commerzbank AG, DZ Bank, LBBW and West LB are lead managers on the sale.
