2025 Milestones
Jan
Paulus de Wilt new Chairman of the Supervisory Board
Paulus has succeeded interim Chairman Chad Leat, who remains a Supervisory Board member and Risk Committee Chairman.
HCOB issues EUR 500 million senior preferred bond
The first benchmark issue of the year has a maturity of five years, was oversubscribed approximately three times with a total demand of €1.5 billion, and was placed with investors from Germany (c. 30%), the UK/Ireland (c. 29%), France (c. 15%) and other European countries.
Feb
DEAL: HCOB supports the acquisition financing of B+T Group by Igneo Infrastructure Partners
HCOB acts as the cornerstone lender for the acquisition financing of the B+T Group by funds managed by Igneo Infrastructure Partners. The total financing is provided by HCOB together with a banking consortium.
Mar
Annual result 2024: Solid operating performance and EUR 248 million pre-tax profit
HCOB confirms its preliminary figures for the financial year 2024 and the IFRS net income before taxes of €248 (prior-year: 427) million that it had presented in mid-February.
Apr
DEAL: HCOB provides follow-up financing for the construction of a biofuel plant
HOLBORN Europa Raffinerie GmbH is receiving follow-up financing of €100 million for the construction of a green diesel production plant The company had already secured financing of the same amount in 2023.
HCOB announces transformation program
This strategic realignment focuses on becoming a German bank with a European focus based on three objectives: 1) focusing on franchise to deliver more client value, 2) simplifying the business model and processes, and 3) enhancing funding sources
May
New location in the Netherlands
The HCOB shipping team moves into a modern and energy-efficient office complex, which is located at Amsterdam Schiphol Airport. This location is ideal for traveling to see our international customers and our headquarters in Hamburg.
DEAL: HCOB finances retail group GLOBUS
HCOB has acquired the GLOBUS Group as a new corporate client and is providing it with financing of €50 million. The group employs more than 36,000 people, around 28,000 of whom are based in Germany.
Jun
Improved ESG Rating
The HCOB is awarded a C rating in the ESG Corporate Rating by the renowned rating agency ISS, thereby achieving prime status within our peer group.
DEAL: HCOB finances acquisition of “Kaufmannshaus” in Hamburg
HCOB is providing the London-based asset manager Attestor Ltd. with an acquisition and investment loan . The property comprises around 24,000 square meters across six floors, surrounding a glass-roofed atrium.
Jul
Senior preferred bond increases the volume to a total of EUR 750 million
The tap of the senior preferred bond issued in January by €250 million increases the volume to a total of €750 million.
DEAL: HCOB finances KNRN in Lower Saxony
Circular economy: As mandated lead arranger, financing is being provided for the construction of a mono-sewage sludge incineration plant in Hildesheim and an upstream drying plant in Hamelin for KNRN in Lower Saxony.
Aug
Pre-tax profit in first half of 2025 rose to EUR 139 million
Pre-tax profit in the first half of 2025 rose to €139 million (previous year: €129 million) despite strategic restructuring costs, supported by strong operating performance and cost discipline.
DEAL: Refinancing of six methanol tankers
Refinancing of six methanol tankers for sustainable shipping fund LEMSCO: US$190 million provided for “Low Emission Methanol Shipping Company Fund” (LEMSCO), launched by Proman AG and Stena Bulk together with a syndicate partner (50/50%)
Sep
DEAL: Refinancing of the Berlin real estate complex “OSRAM-Höfe”
Investment company Esas Holding receives funds to reposition the property in Berlin as a life sciences campus.
Reorganization of the Management Board
CRO Ulrik Lackschewitz and CIO Christopher Brody step down end of 2025. Jens Thiele (CIO) and Reinout van Riel (CRO) succeed from 1 January 2026 to ensure stable leadership during strategic focus.
Oct
DEAL: Participation in financing of Inland Terminals Group (ITG)
Support for ITG as lead arranger in a €160 million financing package, arranged jointly with a consortium of international banks
Sale of the $450 million aviation portfolio
The sale of the $450 million aviation portfolio to Deutsche Bank supports the strategic focus and concentration on the core business
Nov
DEAL: Financing for a residential portfolio acquisition
Arrow Global Group receives a loan in the mid double-digit million range for the purchase of 80 condominiums in the “maxfrei” urban district in Düsseldorf.
DEAL: Landmark financing for wind energy expansion in Germany
€75 million stake in NeXtWind financing package. The €1.8 billion syndicated loan is one of the largest wind energy financing deals in Germany to date
Dec
EUR 500,000 donated to charities
€100,000 supports #HCOBEmployeesStandwithUkraine. €400,000 goes to ten employee-nominated German initiatives for children, low-income support, and nature conservation
DEAL: Financing sustainable energy solutions
£25 million provided to Vital Energi as part of a £150 million financing package from a consortium of international banks and institutional investors.