Green Bond Fact Sheet

Hypo NeoDate: 28/07/2020

Issue date: 25-06-2020 Maturity date: 25-06-2024 Tenor: 4Issuer name

Hypo NeoAmount issued

EUR500m/USD564m

Country of risk

Austria

CBI Database

Included

Issuer type1

Government-Backed
EntityBond typeSr PreferredGreen bond framework

Link to Framework

Second party opinion

ISS-oekom

Certification Standard

Not certified

Assurance report

N/A

Certification verifier

N/AGreen bond rating

N/A☒ Energy☒ Solar☒ Onshore wind
☒ Offshore wind
☒ Geothermal☐ Hydro☐ Tidal☐ Biofuels☒ Bioenergy☐ District heating☐ Electricity grid

☒ Energy storage☐ Energy performance☐ Infrastructure☐ Industry: components☐ Adaptation & resilience☒ Buildings☐ Certified Buildings☐ HVAC systems☒ Energyperformance☐ Water performance☐ Energy storage/meters☐ Other energy related☐ Industry: components☐ Adaptation & resilience☒ Transport☐ Electric vehicles☐ Low emission
vehicles☐ Bus rapid transit☐ Passenger trains☐ Urban rail

☒ Freight rolling stock☐ Coach / public bus☐ Bicycle infrastructure☐ Energy performance☐ Transport logistics☒ Infrastructure☐ Industry: components☐ Adaptation & resilience☒ Water & wastewater☒ Water distribution☒ Water treatment☐ Wastewatertreatment☐ Water storage☐ Storm water mgmt
☒ Flood protection☐ Desalinisation plants☐ Erosion control☐ Energy performance☐ Infrastructure☐ Industry: components☒ Adaptation & resilience☒ Waste management☒ Recycling☐ Waste prevention☐ Pollution control☐ Landfill, energy capture☐ Energy performance☐ Infrastructure☐ Waste to energy☐ Industry: components☐ Adaptation & resilience

Use of Proceeds☒ Land use & agriculture☐ Afforestation/parks☒ FSC Forestry☐ FSC Cellulose &paper☐ Land remediation☐ Energy/water efficiency☒ Sustainable agriculture☐ Adaptation & resilience☐ Other☐ Adaptation &resilience☐ ICT☐ Industry: process

Issue details
ReportingCompany information

There will be allocation reporting until full allocation and thereafter in case there are any
material changes to the eligible green loans. This will include the total amount issued andallocated and a breakdown by category.
There will also be an impact report with indicators such as carbon emission avoided, volumeof farming input avoided (t/year) and volume of treated water (m3/year).
HYPO NOE Landesbank is the largest of Austria’s state mortgage banks founded over 130
years ago. The company mainly operates in Austria and Germany and other countries in theEU. The bank offers a variety of financial services for public sector, real estate andcorporate customers.

Firsts, records andcertifications
Proceeds description

Eligible for financing and refinancing are loans which could be credit claims, investments
and/or projects. The categories specified are energy efficient buildings, renewable energy(wind, solar, bio energy, geothermal energy), forestry and agricultural projects, energy
storage and smart grid solutions, non-diesel rolling stock and infrastructure, water projects
such as distribution and recycling as well as flood mitigation. The proceeds may also financeloans related to dames and dykes, river basin management, and waste projects such ascollection and treatment and recycling. It is not excluded that the issue proceeds may also
be held as collateral in the public or hypothecary cover pool.

Climate Bonds view

This is the 9th green bond issuer from Austria and the first government-backed entity fromthe nation. So far issuance comes mainly from financial institutions. They have the ability tofinance smaller projects on a large scale. The framework covers a very broad range ofeligible categories and has therefore the potential to create a positive impact on multiple
different issues related to climate change.
BayernLB, CACIB, Raiffeisen

Underwriters
Deal comments
Credit rating

A- (S&P)

Pricing summary••••

Interest spread: ms +80bps
Yield: 0.455%
Coupon: 0.375%
Price: 99.684%

Investors summary

1Issuer categories: ABS, development bank, financial corporate, government-backed entity, loan, local government, non-financial
corporate, sovereign