Hogan Lovells Cadwalader with banking syndicate on Deutsche Pfandbriefbank’s notes issuance
Hogan Lovells Cadwalader advised a syndicate of banks on the placement of fixed rate bearer notes issued by Deutsche Pfandbriefbank (pbb) with an issuance volume of EUR 500 million.
The notes, featuring a term of three years, have a coupon of 4.25 per cent p.a. and were issued with a retail denomination of EUR 1,000. They were successfully placed on 8 July 2026 and admitted to trading on the regulated market of the Munich Stock Exchange.
The fixed rate bearer notes were issued as green bonds in accordance with the Green Bond Framework of Deutsche Pfandbriefbank which follows the ICMA Green Bond Principles. Deutsche Pfandbriefbank AG updated its Green Bond Framework most recently in May.
The Hogan Lovells Cadwalader team
The firm’s team was led by partner Jochen Seitz with additional support from counsel Stefan Wollmert-Schrewe, associate Anna Hersener and research assistant Felix Sippel.