Commentary & Deal Flow

Tranche 1 (6yr): Final Books above €340m (incl. €50m JLM)

Launched: 6yr: €250m @ MS+32bp - Orderbook above €325mn (incl. 50mn JLM-Interest)
Spread set at: 6yr: MS+32bp
Book update: Orderbook above €300mn (incl. 50mn JLM)
Guidance: 6yr: MS+35a

• Issuer: Evangelische Bank eG (Ticker: EVKGSB)
• LEI: 529900R600X5X54X0G26
• Issuer Rating: A+ (stable) S&P / AA- (stable) Fitch
• Exp. Issue Rating: AAA (S&P)
• Rating Split: Issuer: A+ (stable) S&P / AA- (stable) Fitch, Issue: AAA (S&P)
• Status: Hypothekenpfandbrief (German Mortgage Covered Bond)
• Issue Size: €250m
• Settlement: 13-Oct-26 (T+6)
• Maturity: 13-Oct-32 (6Y)
• Coupon: Fixed, annual, act/act ICMA, unadjusted
• Spread Set: MS+32bp
• Denominations: 100k + 100k
• Listing/Law: Luxemburg / German law
• Joint Bookrunners: Commerzbank, DZ Bank (B&D) and NORD/LB
• MIFID II: Manufacturer target markets (MIFID II product governance) are eligible counterparties and professional clients only (Distribution Channel: Non-adviced services, Execution-only).
• Fees: The joint bookrunners will be paid a fee in respect of the placement of the securities.
• Timing: Books open, today's business
• Books Subject: 12.15 CET
• Hedge Deadline: 13.30 CET
• Benchmark: HR 105% vs DBR 1.7 15-Aug-32
• ISIN: DE000A5DST37