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Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
IGC
FNCL
PRCD
HASPA
Hamburger Sparkasse AG (Haspa)€500
1EMEA
Feb 3, 2026
currency
EUR
size (m)
500.000
maturity
Feb 10, 2033
type
Fixed
tenor
7.000
call
-
registration
Reg S Only
benchmark
Swaps
ranking
Covered Bond
moody's
Aaa
s&p
-
fitch
-
size description
Will Not Grow
re-open/tap
No
ipt
-
ipt-pxd
-7
guidance
MS+27 area
spread
20
coupon
2.875%
spread set
-
price
99.76900
yield
2.912%
book size (m)
1,750
peak book (m)
2,100
x-covered
3.5
book attrition
-16.67%
nic
-
billing & delivering
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
1,750
peak book (m)
2,100
x-covered
3.5
book attrition
-16.67%
nic
-
billing & delivering
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
Tranche Comments
Book size: 1750; First Pay: 2027-02-10; Registration: Reg S Only; Comments: EUR500m 7yr fxd cpn 2.875% at 99.769, yld 2.912%. Spread: MS+ 20. DBR 2.3 02/15/33 @ 97.805 / B+26.6. LEI: 529900F5KTT6ZUPA8N40;
Deal Comments
Green Bond Reoffer: MS+20bp / 2.912% / 99.769 Benchmark: DBR 2.3 15-Feb-33 @ 97.805 / B+26.6 Final Books above €1.75bn (incl. €250m JLM). Peak book above €2.1bn (incl. €250m JLM) Launched: €500m @ MS+20bp - Books above €2.1bn (incl. €250m JLM) Book Update: Books above €1.75bn (incl. €250m JLM) Guidance: MS+27a Issuer: Hamburger Sparkasse AG (Ticker: HASPA Corp) LEI: 529900F5KTT6ZUPA8N40 Notes: Green Pfandbrief (Grüner Hypothekenpfandbrief) Label: European Covered Bond (Premium) Format: Reg S, Bearer Exp. Issue Rating: Aaa (Moody's) Issue Date: 03-Feb-26 Settlement: 10-Feb-26 (T+5) Maturity: 10-Feb-33 Size: €500m Coupon: 2.875% Fixed, Annual Act/Act ICMA Foll. Unadj. Coupon Payment Date: Annually, on 10 February in each year, commencing on 10-Feb-27 Reoffer: MS +20bp / 2.912% / 99.769 Benchmark: DBR 2.3 15-Feb-33 @ 97.805 / B+26.6 Denoms/Listing: €100k + €100k / Regulated Market of the Hamburg Stock Exchange ISIN: DE000A460FN8 WKN: A460FN MiFID and UK MiFIR: Manufacturer target market (MiFID II and UK MiFIR product governance) is eligible counterparties and professional clients only (all distribution channels). No EU or UK PRIIPs key information document (KID) has been prepared as not available to retail in EEA or the UK or elsewhere Documentation: Under the Issuer’s Base Prospectus for Pfandbriefe dated 16-Jan-26 Governing Law: German Use of Proceeds: The net proceeds of the Green Pfandbrief will be used exclusively to finance or refinance in whole or in part, Eligible Green Assets as defined in Haspa´s Green Bond Framework (as of November 2025); published on the Issuer’s website: https://www.haspa.de/en/home/investor-relations/esg-bonds.html Joint Lead Managers: Commerzbank (B&D / DM), Crédit Agricole CIB, Danske Bank, DekaBank, Erste Group Fees: The Leads will be paid a fee by the issuer in respect of the placement of the securities. Details of the fee may be made available to investors on request from their usual sales contact Advertisement: The Prospectus is available at: https://www.haspa.de/en/home/investor-relations/pfandbriefe.html?n=true&stref=hnav Timing: TOE 13.27 UKT / 14.27 CET | FTT 13.45 UKT / 14.45 CET
Use of Proceeds
Finance or refinance in whole or in part, Eligible Green Assets as defined in Haspa's Green Bond Framework

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