Green covered bonds fly as BHH to follow SG

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By Bill Thornhill
09 Jul 2019

Activity in the green covered bond market is improving with Berlin Hyp (BHH) mandating leads for a green mortgage covered bond this week, just a few days after Société Générale issued its first green covered bond.

Joint leads Crédit Agricole, HSBC, JP Morgan, LBBW and Natixis —will open order books on Wednesday for the €500m no-grow green Pfandbrief which will be in the eight year maturity.

The issue is expected to be rated Aaa by Moody's and has a ...

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