Germany's BHH plans EUR500m two year bond.
Global Banking News - 13 August 2009(c)2005 - Electronic News Publishing - http://www.enpublishing.co.uk
German bank Berlin-Hannoversche Hypothekenbank AG (BHH) (BHH.XE) is planning to sell a EUR500m, two-year bond at a spread of around 85 basis points over mid-swaps, Dow Jones has reported citing one of the lead managers.
The bank has hired Commerzbank AG (CBK.DE) (OTC: CRZBY), DZ Bank, Landesbank Baden-Wuerttemberg and UniCredit SpA (UCG.MI) (OTCBB: UNCFF) (CRDI.MI) (CRDI.F) (CRDI.WA) (LSE: UNC) to lead manage the deal, which is expected to be priced later in the session.
The issuer is rated 'A+' Fitch Ratings Inc.
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|Publication:||Global Banking News (GBN)|
|Date:||Aug 13, 2009|
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