A company of LBBW
Issuance of the third Green Pfandbrief
15.10.2018
Berlin Hyp's successful issuance of the third Green Pfandbrief consolidates the bank's position as a leading green bond issuer.
Since debuting with the first Green Pfandbrief in 2015, Berlin Hyp has issued six green bonds with a total volume of € 3 billion, half of them being green covered bonds and the other half being green senior unsecured bonds. That makes the bank the most active green bond issuer in the European commercial banking segment.
The seven-year bond with a volume of € 500 million offers a coupon of 0.625 % and is rated Aaa by Moody’s. It’s positive sustainability performance is documented in a Second Party Opinion by ISS oekom. Since debuting with the first Green Pfandbrief in 2015, Berlin Hyp has issued six green bonds with a total volume of € 3 billion, half of them being green covered bonds and the other half being green senior unsecured bonds. That makes the bank the most active green bond issuer in the European commercial banking segment.