Muhyp to price ethical Pfandbrief first on Wednesday

Münchener Hypothekenbank (Muhyp) is set to open books for its first Pfandbrief backed by environmental and social governance (ESG) mortgage loans on Wednesday. The €300m deal, which is issued under the existing German legal framework and has a second opinion from Oekom research, is expected to attract a new pool of demand for the socially conscious lender.