Commentary & Deal Flow

Evangelische Bank eG (ticker: "EVKGSB") expected to be rated AAA (S&P), has mandated Commerzbank, DZ Bank and NORD/LB as Joint Lead Managers.

An expected €250m (WNG) 6yr € sub-benchmark inaugural Mortgage Covered Bond (Hypothekenpfandbrief) offering will follow in the near future, subject to market conditions.

• Roadshow concluding today with over 40 national and international accounts engaged
• Timing expected beginning of next week subject to market conditions
• Bulk of IOIs coming around high 20s/30 area
• Please continue to relay feedback/IOI to your syndicates at Commerzbank, DZ Bank and NORD/LB
• Base Prospectus: 22-Jul-26
• Manufacturer target markets (MIFID II product governance): eligible counterparties and professional clients only (All distribution channels).
• PRIIPs: No PRIIPs key information document (KID) has been prepared.
• Investor Pack:
  • Investoren Präsentation (DE): https://atruvia.scene7.com/is/content/atruvia/eb-investorenpraesentation-09-2026pdf
  • Investor Presentation (EN): https://atruvia.scene7.com/is/content/atruvia/eb-investor-presentation-english-09-2026pdf
  • Debt Issuance Program (DE): https://atruvia.scene7.com/is/content/atruvia/Base-Prospectus-2026-07-22pdf
  • Rating Report (EN): https://atruvia.scene7.com/is/content/atruvia/eb-mortage-cb-program-2026pdf
  • §28 Reporting according to German Pfandbrief law (DE): https://atruvia.scene7.com/is/content/atruvia/transparenzbericht-28pfandbg-202606pdf