Hanover becomes first city to issue green Schuldschein

Hanover has become the first city to issue a green Schuldschein. The hope is that this transaction will be the first of many.

  • By Silas Brown
  • 27 Apr 2018

Lead arrangers Deutsche Bank and NordLB sold May 2048, fixed rate, amortising Schuldschein notes for €100m.

The initial price offered to investors was 23bp over mid-swaps.

“We were not sure how this would develop,” said a banker familiar with the deal. “The issuer is not unknown in the market, ...

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Global Green Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Bank of America Merrill Lynch 4,399.60 12 8.97%
2 BNP Paribas 3,135.92 14 6.39%
3 HSBC 2,793.25 18 5.70%
4 Credit Agricole CIB 2,636.22 17 5.38%
5 JPMorgan 2,578.84 13 5.26%