Commentary & Deal Flow

Wüstenrot Bausparkasse AG (ticker: "WUWGR", country: Germany), expected to be rated AAA by S&P, has mandated Commerzbank, Erste Group, LBBW, NORD/LB and Société Générale as Joint Lead Managers.

An expected €500m WNG long 8yr (01/2035) Mortgage Covered Bond (Hypothekenpfandbrief) offering will follow in the near future, subject to market conditions.

• Label: European Covered Bond (Premium)
• Target Market: Manufacturer target market (MIFID II / UK MIFIR product governance) is eligible counterparties and professional clients only (all distribution channels). No PRIIPs KID as not available to retail in the EEA.