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Commentary & Deal Flow

NEW ISSUE: The Free and Hanseatic City of Hamburg €500m WNG 10yr Green Sr Unsec; MS+29a

IGC European Market: Deal Flow - SSA

Issuer

Term

Maturity

Size

Ranking

Type

ISIN

Guidance

The Free and Hanseatic City of Hamburg

10yr

03-Nov-36

€500m WNG

Sr Unsec

Fixed

DE000A3MQTV9

MS+29a


Guidance: 10yr: MS+29a


  • Issuer: The Free and Hanseatic City of Hamburg
  • BBG Ticker: HAMBRG Govt
  • Format: Landesschatzanweisung (0% rw, senior unsecured)
  • Type: Reg S, Bearer
  • Issuer Rating: AAA / AAA (Fitch/Scope)
  • Size: €500m WNG
  • Coupon: Fixed, Annual, ACT/ACT ICMA
  • Maturity: 03-Nov-36 (10yr)
  • Settlement: 03-Nov-26 (T+6)
  • Guidance: MS+29a
  • Law/List/Denom: German/Hamburg/€1k
  • ISIN/WKN: DE000A3MQTV9 / A3MQTV
  • Bookrunners: Credit Agricole CIB, Danske Bank, DekaBank, Deutsche Bank, DZ BANK
  • ESG Structuring Coordinator: DZ BANK
  • Use of Proceeds: 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.
  • Target Market: Professional, retail and eligible counterparties each as defined in MiFID II and and UK MiFIR product governance (all channels for distribution of the Bonds are appropriate).
  • Timing: Books open, Today's business
  • Investor Relations and ESG Document Links: https://fsa.hamburg.de/investor-relations-fuer-die-freie-und-hansestadt-hamburg