Commentary & Deal Flow

The Free and Hanseatic City of Hamburg, Germany's regional government issuer (ticker: "HAMBRG"), rated AAA/AAA (Fitch/Scope), has mandated DZ BANK (ESG Structuring Coordinator) and Crédit Agricole CIB, Danske Bank, DekaBank, Deutsche Bank and DZ BANK (Joint Lead Managers) to arrange a series of fixed income investor calls to be scheduled from Monday, 19 October to Thursday, 22 October. A German GIC and an English GIC will be held, together with a series of individual investor calls. An electronic investor presentation will be made available.

An expected €500 million ("no-grow"), LSA format, Green 10-year Benchmark offering will follow in the near future, subject to market conditions.

• Issuer: The Free and Hanseatic City of Hamburg
• Rating: AAA/AAA (Fitch/Scope)
• ESG Structuring Coordinator: DZ BANK
• Joint Lead Managers: Crédit Agricole CIB, Danske Bank, DekaBank, Deutsche Bank, DZ BANK
• Size: €500m ("no-grow")
• Tenor: 10yr
• Format: LSA format
• UoP: The net proceeds will be used by the issuer for eligible green expenditures which meet the requirements as defined in the issuer's Green Financing Framework
• Target Market: Retail, professional and eligible counterparties, each as defined in MiFID II and UK MiFIR product governance (all channels for distribution of the Bonds are appropriate)

Company Representatives:
Andreas Blümel – Head of Capital Markets
Jakob Rieper – Funding Manager

Call Schedule:

Monday, 19-Oct

• German GIC: 10:00–10:45 CET / 09:00–09:45 UKT – Registration Link: https://events.teams.microsoft.com/event/14064037-2fb4-4083-ab5f-5ac17af2be05@9c95f08c-5b50-44fa-a497-68f08eacf90c?source=copyLinkOneEventsShareDialog
• English GIC: 11:15–12:00 CET / 10:15–11:00 UKT – Registration Link: https://events.teams.microsoft.com/event/ffe48337-708b-4c74-8381-0144cac0106c@9c95f08c-5b50-44fa-a497-68f08eacf90c?source=copyLinkOneEventsShareDialog
• Call #1: 13:00–13:45 CET / 12:00–12:45 UKT
• Call #2: 14:00–14:45 CET / 13:00–13:45 UKT

Tuesday, 20-Oct

• Call #3: 09:00–09:45 CET / 08:00–08:45 UKT
• Call #4: 10:00–10:45 CET / 09:00–09:45 UKT
• Call #5: 11:00–11:45 CET / 10:00–10:45 UKT

Wednesday, 21-Oct

• Call #6: 14:00–14:45 CET / 13:00–13:45 UKT
• Call #7: 15:00–15:45 CET / 14:00–14:45 UKT
• Call #8: 16:00–16:45 CET / 15:00–15:45 UKT

Thursday, 22-Oct

• Call #9: 09:00–09:45 CET / 08:00–08:45 UKT
• Call #10: 10:00–10:45 CET / 09:00–09:45 UKT
• Call #11: 11:00–11:45 CET / 10:00–10:45 UKT
• Investor Relations & ESG Document Links: https://fsa.hamburg.de/investor-relations-fuer-die-freie-und-hansestadt-hamburg