BHH goes on road to explain its new structure
Berlin Hypothekenbank mandated joint leads on Monday for a euro Pfandbrief and a roadshow to explain its new ownership structure. The mortgage bank will be directly owned by the savings banks and will become an affiliate of Landesbank Berlin, rather than its subsidiary.
Berlin Hyp mandated Commerzbank, Credit Suisse, DZ Bank, JP Morgan and LBBW to lead manage the euro mortgage Pfandbrief.
The deal will be launched after investor meetings and calls in the coming weeks, subject to market conditions, said the leads.The bank is at the moment owned by ...