Helaba gives mandate for five-year green benchmark notes offer

Chicago, Aug. 16 – Landesbank Hessen-Thueringen Girozentrale (Helaba) is planning a benchmark offering of euro-denominated green senior non-preferred notes (A2//A+), according to a market source.

The notes will have a five-year maturity.

The mandate has been given to Credit Agricole CIB, Citigroup, DZ Bank, Helaba, ING and Societe Generale as joint bookrunners.

ISS ESG provided the second-party option for the issuer’s green framework from April 2021.

Based in Frankfurt, Helaba is a commercial bank.

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