Hamburger Hochbahn’s €500 Million Green Bond Issue

Hengeler Mueller advised Hamburger Hochbahn on the transaction.

Hamburger Hochbahn Aktiengesellschaft has successfully issued a green bond with a total volume of EUR 500 million euros.

The notes with a coupon of 0,125 per cent per year will mature on 24 February 2031. The bond is in line with the Green Bond Principles of the International Capital Market Association (ICMA).

Hamburger Hochbahn will use the net proceeds of the notes, inter alia, for the refurbishment of the existing underground line network, a zero-emission bus fleet and services contributing to increase the share of integrated public transport over individual car use.

Hamburger Hochbahn AG (HHA), founded in 1911, operates the underground system and large parts of the bus system in Hamburg, Germany.

The Hengeler Mueller team included Hendrik Haag (Picture) and Raik Petermann.

Involved fees earner: Hendrik Haag – Hengeler Mueller; Raik Petermann – Hengeler Mueller;

Law Firms: Hengeler Mueller;

Clients: Hamburger Hochbahn AG;

Federica Tiefenthaler

Author: Federica Tiefenthaler