Commentary & Deal Flow

The Free and Hanseatic City of Hamburg, (ticker: "HAMBRG", country: Germany) rated AAA/AAA (Fitch/Scope), has concluded 1on1 investor meetings as well as the Global Investor Call on 19-Oct-26. The issuer has mandated Crédit Agricole CIB, Danske Bank, DekaBank, Deutsche Bank and DZ BANK as Joint Lead Managers (DZ BANK as ESG Structuring Coordinator) to arrange a series of fixed income investor calls.

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

• 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)
• UoP: The net proceeds will be used by the issuer for eligible green expenditures which meet the requirements as defined in the issuers Green Financing Framework.
• Investor Relations & ESG Document Links: https://fsa.hamburg.de/investor-relations-fuer-die-freie-und-hansestadt-hamburg