No results found for "".

Commentary & Deal Flow

Related Parents

by Oleksandr Vynychuk

Jul 02, 2026 4:34 AM ET

UPDATE (BOOKS): Wirtschafts- und Infrastrukturbank Hessen €500m (WNG) 5yr Sr Unsec; MS+16a

IGC European Market: Deal Flow - SSA

Issuer	Term	Maturity	Size	Ranking	Type	Guidance
Wirtschafts- und Infrastrukturbank Hessen	5yr	09-Jul-31	€500m (WNG)	Sr Unsec	Fixed	MS+16a

Book Update: Books above €660m (incl. €135m JLM)
Guidance: 5yr: MS+16a

Issuer: Wirtschafts- und Infrastrukturbank Hessen (WIBANK)
Guarantor: Explicitly, irrevocably and unconditionally guaranteed by the Federal State of of Hesse (AA+ by S&P)
Format: Senior Unsecured, 0% rw, ECB and PSPP eligible, LCR Level 1
Issuer Rating: AA+ (stable) by S&P
Size: €500m (WNG)
Coupon: Fixed rate, annual, Act/Act ICMA
Maturity: 09-Jul-31
Settlement: 09-Jul-26 (T+5)
Guidance: MS + 16 bps area
Listing/Law/Denoms: Frankfurt / German Law / €100k+100k
Docs: Stand alone
ISIN: DE000A3SJZ92
Joint Leads: BayernLB, Commerzbank, Helaba (B&D), NORD/LB, Raiffeisen Bank International
Fees: The Joint Lead Managers will be paid a fee in connection with the transaction.
Target Market: Eligible counterparties and professional clients only, each as defined in MiFID II (all channels for distribution of the Bonds are appropriate).
Timing: Books open, today's business