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Published on 1/22/2024 in the Prospect News High Yield Daily.

Oldenburgische offers €500 million eight-year covered bond due 2032

By Mary Katherine Stinson

Lexington, Ky., Jan. 22 – Oldenburgische Landesbank AG plans to offer an eight-year covered bond (Hypothekenpfandbrief) due Jan. 29, 2032 (ISIN: DE000A11QJS1), according to a notice.

Danske Bank, Deutsche Bank AG, DZ Bank, Erste Group, NordLB and Unicredit are the bookrunners.

The issuer is a private financial institution based in Oldenburg, Germany.


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