Commentary & Deal Flow

Tranche 1 (6.8yr): Final Books at reoffer > €520m (incl. €110m JLM). Peak book above €595m (incl. €110m JLM)

Launched: 6.8yr: €500m @ MS+40bp - Orderbook above €595m (incl. €110m JLM)
Guidance: 6.8yr: MS+42a

• Issuer: HYPO NOE Landesbank fuer Niederoesterreich und Wien AG
• Ticker: HYNOE
• LEI: 5493007BWYDPQZLZ0Y27
• Type: Public Sector Covered Bond (Oeffentlicher Pfandbrief)
• Label: European Covered Bond (Premium)
• Exp. Rating: Aa1 (Moody's)
• Size: €500m
• Maturity: 29-Aug-33 (soft bullet)
• Settlement: 29-Oct-26 (T+6)
• Coupon: Fixed annual, act/act ICMA, following, unadjusted
• Coupon Payment Dates: Short first, 29-Aug in each year, commencing on 29-Aug-27
• Denoms/Law: 100k+100k / Austrian Law
• Listing: Regulated Market of the Vienna Stock Exchange
• Bookrunners: ABN, DekaBank, Erste Group, Helaba, Raiffeisen Bank International and UniCredit
• B&D: Erste Group
• Co-Leads: HYPO NOE Landesbank fuer Niederoesterreich und Wien AG
• Fees: The Banks will be paid a fee by the issuer in respect of the placement of the securities.
• ISIN: AT0000A3Y634
• HR: 101% vs DBR 2.6 15-Aug-33
• Hedge deadline: 12:55 CET
• Timing: Books open, today's business
• Books Subject: 12:15cet
• Target market: Manufacturer target market (MiFID II product governance) is professional clients and eligible counterparties only (all distribution channels). No PRIIPs, no KID as not available to retail in the EEA.
• Advertisement: Under the Issuer's €9,500,000,000 Debt Issuance Programme dated 28-May-26, (https://en.hyponoe.at/prospectus)