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Commentary & Deal Flow

NEW ISSUE: Deutsche Kreditbank € bmk 12yr CB; MS+42a

IGC European Market: Deal Flow - General

Issuer

Term

Maturity

Size

Ranking

Type

Guidance

Deutsche Kreditbank

12yr

09-Jul-38

bmk

CB

Fixed

MS+42a


Guidance: 12yr: MS+42a


  • Issuer: Deutsche Kreditbank AG
  • Ticker: DKRED
  • LEI: 5299900K16YGKC8BES892
  • Issue Type: Mortgage Covered Bond (Hypothekenpfandbrief), RegS bearer
  • Label: European Covered Bond (Premium)
  • Expected Issue Ratings: Aaa (Moody's)
  • Issue Size: € Benchmark
  • Coupon: fixed, annual, act/act ICMA, unadjusted following
  • Settlement: 09-Jul-26 (T+6)
  • Maturity: 09-Jul-38 (12y)
  • Guidance: MS +42bps area
  • Denominations: €1k + €1k
  • Listing/Law: Munich / German
  • Documentation: German Language Final Terms based on a German Language Base Prospectus, dated 27-May-26
  • Joint Bookrunners: BayernLB (B&D), Commerzbank, DZ BANK, Erste Group, Société Générale, UniCredit
  • MIFID II: The manufacturer target market (MiFID II/UK MiFIR product governance) are eligible counterparties, professional clients and retail clients (all distribution channels).
  • Fees: The joint bookrunners will be paid a fee in respect of the placement of the securities.
  • ISIN/WKN: DE000DKB0614 / DKB061
  • Timing: Books open, today's business
  • Advertisement: https://www.dkb.de/ueber-uns/investor-relations/basisprospekte