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28 May 2012

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Frankfurt's DIC to raise up to E100m in bond issue

Frankfurt's DIC Asset is to issue a five-year corporate bond up to E100m and said proceeds are not for the current pipeline. "We are giving ourselves greater financing scope at .. which will also help our growth plans," said DIC Asset CEO Ulrich Höller. Commented DZ Bank: "We see a good chance that there is a big portfolio deal coming or even a take-over target."

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