Berlin Hyp AG’a €500 million Green Pfandbriefe Offering

White & Case LLP has advised ABN AMRO Bank N.V., Bayerische Landesbank, Commerzbank Aktiengesellschaft, Crédit Agricole Corporate & Investment Bank, J.P. Morgan Securities plc and Bankhaus Lampe KG, as managers, on Berlin Hyp AG’a issuance of green Pfandbriefe for an aggregate principle amount of €500 million.

The Pfandbriefe have a seven-year term, a coupon of 0.625% per annum and will be admitted to trading on the regulated market of the Berlin Stock Exchange. Berlin Hyp intends to use the net proceeds exclusively to refinance eligible assets as defined in its green bond framework.

White & Case advised the banks with Karsten Wöckener and associates Peter Becker and Daniel Gillenkirch.

Involved fees earner: Karsten Wöckener – White & Case; Peter Becker – White & Case; Daniel Gillenkirch – White & Case;

Law Firms: White & Case;

Clients: BayernLB – Bayerische Landesbank; Commerzbank AG; Crédit Agricole Corporate and Investment Bank; ABN AMRO; JP Morgan Securities; Bankhaus Lampe;