HSH Nordbank has placed a benchmark five-year mortgage pfandbrief to the tune of EUR 500 mln and bearing a coupon of 1.875%.
HSH Nordbank has placed a benchmark five-year mortgage pfandbrief to the tune of EUR 500 mln and bearing a coupon of 1.875%.
The issue met with very strong demand from institutional investors inside and outside Germany, HSH said. HSH Nordbank closed its book, by then almost three times oversubscribed, after less than an hour.
The issue price was set at 99,891%.
HSH Nordbank issued the mortgage pfandbrief as joint leader together with Commerzbank, DZ Bank, the Royal Bank of Scotland and UniCredit.
