By Devika Patel
Knoxville, Tenn., May 27 – hsh portfoliomanagement priced $250 million of 0.625% three-year notes, according to a market source.
J.P. Morgan Securities plc was the stabilization coordinator and Citi and HSBC were the stabilization managers.
The notes will be guaranteed by the State of Hamburg and the State of Schleswig-Holstein.
The Kiel, Germany-based independent public law institution is entrusted with the task of realizing and winding-down risk positions acquired from HSH Nordbank AG and its subsidiaries.
| Issuer: | hsh portfoliomanagement
|
| Guarantors: | State of Hamburg and the State of Schleswig-Holstein
|
| Amount: | $250 million
|
| Description: | Notes
|
| Maturity: | June 2, 2023
|
| Bookrunners: | J.P. Morgan Securities plc (stabilization coordinator), Citi and HSBC
|
| Coupon: | 0.625%
|
| Announcement date: | May 27
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
