DG Hyp takes Pfandbriefe to four

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By Bill Thornhill
07 Jun 2018

DG Hyp is set to become the fourth Pfandbrief issuer this week and has mandated leads for a €500m nine year mortgage-backed deal.

DG Hyp has mandated BayernLB, Deutsche Bank, DZ Bank, Erste Group and Natixis for the AAA Standard and Poor’s rated Hypothekenpfandbrief, which is likely to be launched on Friday.

The covered bond offering is the fourth from a German issuer this week and follows Hamburger Sparkasse, ...

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