DZ HYP issues € 500 mn Green Pfandbrief
18.08.2023
- Successful Green covered bond significantly oversubscribed
- Maturity of 4.5 years
- High proportion of Sustainable Responsibility Investment investors
The covered bond market returned from its summer break at the same time as the end of the summer vacations in some Germany federal states. DZ HYP took advantage of the positive market sentiment to issue a EUR 500 million Green Mortgage Pfandbrief with a maturity of 4.5 years and a coupon of 3.375 per cent.
The transaction was accompanied by a syndicate consisting of Barclays, Deutsche Bank, DZ BANK, Helaba, Societé Generale and Toronto Dominion.