Greenworks CEO Jessica Bailey said execution was good enough that it made economic sense; the company also wanted an early reading from rating agencies and investors.
Collateral for the deal, which is structured as a master trust, can reach €30B of loans originated by the bank's building-savings affiliate, its retail operations and its private-bank unit.
After downgrading Deutsche's issuer default ratings last week, the rating agency now wants the German lender to post additional collateral to be considered an eligible swaps counterparty.
