Hengeler Mueller advises Hamburger Hochbahn on EUR 500m green bond emission

24. February 2021

Hamburger Hochbahn Aktiengesellschaft has successfully issued a green bond with a total volume of EUR 500 million euros. The notes with a coupon of 0,125 per cent per year will mature on 24 February 2031. The bond is in line with the Green Bond Principles of the International Capital Market Association (ICMA). Hamburger Hochbahn will use the net proceeds of the notes, inter alia, for the refurbishment of the existing underground line network, a zero-emission bus fleet and services contributing to increase the share of integrated public transport over individual car use.

Hengeler Mueller advised Hamburger Hochbahn on the transaction. The team included partner Hendrik Haag (Capital Markets) and senior associate DCM Raik Petermann (both Frankfurt).