Printer Friendly

Germany's BHH plans EUR500m two year bond.

Global Banking News-13 August 2009-Germany's BHH plans EUR500m two year bond(C)2009 ENPublishing - http://www.enpublishing.co.uk

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.

[Editorial queries for this story should be sent to gbn@enpublishing.co.uk]

((Distributed via M2 Communications - http://www.m2.com))
COPYRIGHT 2009 Normans Media Ltd.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2009 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:Global Banking News (GBN)
Date:Aug 13, 2009
Words:144
Previous Article:Deutsche Bank strengthens South Africa equities team.
Next Article:Deutsche Bank to merge loan, bond trading desks.
Topics:


Related Articles
Daimler plans to raise EUR300m to EUR500m via bond sale.
Rabobank Nederland plans EUR500m 10-year subordinated bond.
Banco Sabadell to issue EUR300m-EUR500m in convertible bonds.
Veneto Banca to issue EUR500m two-year notes.
Deutsche Kreditbank plans EUR500m five year Pfandbrief.
Deutsche Postbank to issue EUR500m 2014 bond.
Banco Popular to raise up to EUR1.2bn in new capital.
Banco Popolare di Milano plans EUR500m Tremonti bond.
FCE Bank plans EUR500m 2014 bond offering.
Banco Popolare issues EUR500m two year senior bond.

Terms of use | Privacy policy | Copyright © 2019 Farlex, Inc. | Feedback | For webmasters