Eurohypo AG, Eschborn, has mandated ABN-Amro, Citigroup, Commerzbank and Dresdner Kleinwort Wasserstein (DrKW) to leadmanage its forthcoming Jumbo Public Pfandbrief. The issue will be in global format, rated Aaa/AAA/AAA with a medium term maturity and a minimum size of EUR 2bn.
The transaction is expected to be launched after an international roadshow in the last week of May 2005, subject to market conditions.
Henning Rasche, the Board Member responsible for the Global Markets Division in Eurohypo commented on the Jumbo Pfandbrief issue: "In the tenth year since the introduction of the Jumbo Pfandbrief, this financial instrument - which was originally developed in Germany - has become a strong pillar of the international fixed income markets."
Source: Eurohypo
