Berlin Hyp follows Japanese into blossoming euro greens
Berlin Hyp has become the latest FIG issuer to enter the green senior unsecured market in euros, after Sumitomo Mitsui Financial Group (SMFG) and Mizuho Financial Group opened up issuance from Japan earlier this month.
Berlin Hyp issued a €500m 10 year bond in its second ever green senior unsecured transaction on Tuesday.Final pricing was set at 40bp. Bookrunners ABN Amro, Commerzbank, Crédit Agricole, JP Morgan and LBBW set initial price thoughts at 50bp over mid-swaps area. This was ...
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