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ALLOCATIONS OUT: DZ HYP €1bn long 5yr Mortgage Pfandbrief; MS+24bp

IGC European Market: Deal Flow - General

Issuer

Term

Maturity

Size

Ranking

Type

Spread Set

DZ HYP AG

long 5yr

31-Aug-31

€1bn

CB

Fixed

MS+24

Final Books: €2.04bn (incl. €85m JLM interest). Peak book at €2.04bn good at reoffer (incl. €85m JLM, pre.rec)

Launched: long 5yr: €1bn @ MS+24bp - Books at €2.04bn good at reoffer (incl. €85m JLM, pre.rec)
Spread set at: long 5yr: MS+24bp - Books at €1.4bn (incl. €85m JLM)

  • Issuer: DZ HYP AG
  • Ranking: Mortgage Pfandbrief
  • Tenor: long 5yr
  • Maturity: 31-Aug-31
  • Size: €1bn
  • ISIN: DE000A4DFKS4 / A4DFKS / 1287
  • Sole Bookrunner: DZ BANK (B&D, DM)
  • Timing: Pricing later today
  • Benchmark: DBR 0 31-Aug-31 TWIN (DE0001102564), HR 108%
  • Hedges back by: 14:20 CEST / 1:20 PM LDN