NORD/LB once again receives the Debt Provider of the Year award
At the renowned Partnerships Awards in London, NORD/LB Norddeutsche Landesbank has been named Debt Provider of the Year for the third time in a row. The Partnership Awards are one of the biggest and most important events for infrastructure financing through public-private partnerships (PPP). Despite its comparatively small team, NORD/LB came out on top in a competitive field. Other finalists included Institute Assured Guaranty, Aviva Investors and Sumitomo Mitsui Banking Corporation Europe.
In 2018, the NORD/LB structured finance infrastructure team closed ten large-volume PPP transactions as mandated lead arranger or sole arranger in the areas of social infrastructure, rolling stock, transport and digital infrastructure. The jury praised the Bank's continual readiness to cooperate, as well as its innovative approaches in providing long-term financing for infrastructure PPPs under competitive conditions. One of the refinancing methods used was the Luxembourg Pfandbrief (lettre de gage) of NORD/LB's CBB subsidiary.
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