Hogan Lovells Cadwalader advises banks on the placement of Fixed Rate Bearer Notes of Deutsche Pfandbriefbank AG 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 AG which follows the ICMA Green Bond Principles. Deutsche Pfandbriefbank AG updated its Green Bond Framework most recently in May. The proceeds are to be used to finance or refinance the construction of buildings, the renovation of existing buildings or the acquisition and ownership of buildings that meet the eligibility criteria specified in the Green Bond Framework.

Hogan Lovells Cadwalader advised the banks on all debt capital markets question of the transaction. The team was led by partner Dr. Jochen Seitz with additional support from counsel Dr. Stefan Wollmert-Schrewe, associate Anna Hersener and research assistant Felix Sippel. The team has been advising the banks for many years with regard to the debt issuance programme of Deutsche Pfandbriefbank AG.