Label: EU harmonisation label European Covered Bond (Premium)
Format: Reg S, Bearer
Expected Issue Rating: Aaa (Moody's)
Size: € Benchmark
Coupon: Fixed, annual, Act/Act ICMA, short first
Settle: 13-May-26 (T+5)
Maturity: 06-Aug-31
Guidance: MS+29bps area
Bookrunners: BayernLB, Danske Bank, DZ BANK, Erste Group, Helaba, ING, Raiffeisen Bank International, and UniCredit (B&D)
Listing: Munich
Target market: Manufacturer target market (MIFID II product governance) is retail, eligible counterparties and professional investors only (all distribution channels). No EU PRIIPs key information document (KID) has been prepared
Fees: The Banks will be paid a fee by the Issuer in respect of this transaction