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White & Case Advises Underwriters on €500 Million Green Issuance by Berlin Hyp

Global law firm White & Case LLP has advised the managers UniCredit Bank AG, Commerzbank Aktiengesellschaft, Crédit Agricole Corporate and Investment Bank, Landesbank Baden-Württemberg, UBS AG London Branch and Bankhaus Lampe KG on Berlin Hyp's €500 million Green Pfandbrief issue.

The issuer intends to use the net proceeds exclusively to refinance eligible assets as defined in its Green Bond Framework. The notes have a term until 2028, a fixed coupon of 0.01% and were admitted to trading on the regulated market of the Luxembourg Stock Exchange and the Berlin Stock Exchange.

The White & Case team in Frankfurt that advised on the transaction was led by partner Karsten Wöckener and included local partner Cristina Freudenberger and associate Daniel Gillenkirch.

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