HVB Real Estate offers 1.5 bln euro 6-yr bond

HVB Real Estate launched a 1.5 billion euro global Pfandbrief bond on Tuesday which will be priced on Wednesday to yield around 10 basis points over mid-swaps, the lead managers for the deal said.

The transaction, which matures on June 19, 2008, is being lead managed by Barclays Capital, Deutsche Bank and HypoVereinsbank, which owns HVB Real Estate.

(source: Reuters)

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