Germany's BHH plans 500 mln euro 2-year bond -IFR

Wed Aug 12, 2009 3:50am EDT
 
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LONDON, Aug 12 (Reuters) - Germany's Berlin Hannoversche Hypothekenbank (BHHG.DE) plans to issue a two-year 500 million euro ($706 million) senior bond, IFR reported on Wednesday.

Guidance has been set at mid-swaps plus around 85 basis points, said IFR Markets, a Thomson Reuters online news and market analysis service.

Commerzbank, DZ Bank, LBBW and UniCredit (HVB) have been named to manage the deal, IFR said.

BHH is rated A+ by Fitch Ratings. (Editing by Dan Lalor) ($1 = 0.7079 euro)

 

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