Bankia €1.25 billion 1.125% covered bond issue

1/10/2015

Covered bond issue, Investment grade bond/note issue

Value:

€ 1.25 billion

Dollar value:

$ 1.375 billion

Status:

Completed

Date:

1/10/2015

Overview:

Bankia has issued €1.25 billion 1.125 per cent cédulas hipotecarias (covered bonds) due 2022.
Bankia, Commerzbank, HSBC France and Société Générale were the lead managers.

Wai Yee Tsang - Journalist

Jurisdiction:

Spain

Deal types:

Covered bond issue
Investment grade bond/note issue

Practice area:

Capital markets : Debt

Industry sector:

Banking

Firm:

Linklaters

Party: Bankia (Issuer, Lead manager)

Party: Commerzbank AG (Lead manager)

Party: HSBC France (Lead manager)

Party: Societé Générale (Lead manager)

Lawyer: Jorge Alegre

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