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17/06/2003

HSH Nordbank AG Awards Mandate for Benchmark Bond

HSH Nordbank AG, Hamburg/Kiel, has mandated a group of banks including Citigroup, Deutsche Bank, HSBC and WestLB AG, for its inaugural euro-denominated senior unsecured benchmark transaction. Prior to the transaction, the issuer will conduct a series of investor meetings in Europe and Asia. The issue is due to be launched in the coming months subject to appropriate market conditions. HSH Nordbank AG is rated Aa1/AA-/AAA.

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