January 2019 – Berlin Hyp with Successful Senior Preferred Issue
In January, Berlin Hyp was the first German bank in 2019 to successfully launch a senior preferred bond in benchmark format. The issue of € 500 million enjoyed strong demand and was thus oversubscribed shortly after the books were opened.
“This is an outstanding result”, said Gero Bergmann, member of the Berlin Hyp Board of Management responsible for capital markets. “The large order book shows Berlin Hyp’s high standing on the capital market. We are very pleased with the success and would like to thank the investors who made it possible”.