Log In
No results found for "".

Commentary & Deal Flow

NEW ISSUE: Free and Hanseatic City of Hamburg €500m (no-grow) 5yr Sr Unsec; MS+10a

IGC European Market: Deal Flow - SSA

Issuer

Term

Maturity

Size

Ranking

Type

Guidance

Free and Hanseatic City of Hamburg

5yr

07-May-31

€500m (no-grow)

Sr Unsec

Fixed

MS+10a


Guidance: 5yr: MS+10a

  • Issuer: The Free and Hanseatic City of Hamburg
  • Ticker: HAMBRG Govt
  • Format: Landesschatzanweisung (0% rw, senior unsecured)
  • Issuer Rating: AAA (Fitch, stable)
  • Size: €500m (no-grow)
  • Coupon: Fixed, annual, act/act ICMA, unadjusted following
  • Settlement: 07-May-26 (T+5)
  • Maturity: 07-May-31 (5 years)
  • Guidance: MS +10 bps area
  • Joint Leads: Commerzbank (B&D), Credit Agricole CIB, Danske Bank, Deutsche Bank and NORD/LB
  • Fees: The Joint Bookrunners will be paid a fee in connection to the transaction
  • Target Market: Professional, retail and eligible counterparties each as defined in MiFID II (all channels for distribution of the bonds are appropriate)
  • Denoms/Listing: 1k/Hamburg
  • ISIN/WKN: DE000A3MQTS5 / A3MQTS
  • Timing: Books open for today's business