LBBW 3.750% 18May2027 Corp (SGD)

Bond Factsheet

Matured/ Called

Landesbank Baden-Wuerttemberg

Indicative

Full Lot

Bid Price

99.900

Change in Bid Price

Bid Yield (%)

3.805 %

Change in Bid Yield

Ask Price

100.100

Change in Ask Price

Ask Yield (%)

3.760 %

Change in Ask Yield

Indicative price as of 31 May 2022, 12:00am

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Bond Information

Landesbank Baden-Wuerttemberg operates as bank. The Bank provides commercial and retail banking, leasing, asset management, real estate, international business, and equity financing services. Landesbank Baden-Wuerttemberg serves customers worldwide.

Bond Issuer

Landesbank Baden-Wuerttemberg

Guarantor

Announcement Date

05 May 2017

Issue Date

15 May 2017

Maturity Date

18 May 2027

Years to Maturity / Next Call

0.617 / -

Modified Duration

Issue / Reoffer Price

100.000

Issue / Reoffer Yield

3.750

Coupon Type

Variable

Annual Coupon Rate

3.750

Coupon Frequency

Semi Annually

Seniority

Subordinated

Capital Structure

Subordinated

Reference Rate

Reset Date: 18May2022
Reset Rate: SGD 5Y SOR + 1.780%

ISIN

DE000LB1DUU1

CUSIP

AN4032602

Bond Currency

SGD

Total Issue Size

300,000,000

Min. Investment Quantity (Nominal)

SGD 250,000

Incremental Quantity (Nominal)

SGD 250,000

Bond Type

High Yield Corporate

Bond Sector

Financials

Bond Sub Sector

Banks

Issuer Credit Rating (S&P/ Fitch)

***/ A-

Bond Credit Rating (S&P/ Fitch)

***/ BB+

Shariah Compliant

Exchange Listed

Others

Bond Feature(s)

Loss Absorption

The SAG and the SRM Regulation furthermore provide that the competent resolution authorities have the power to write-down Common Equity Tier 1 capital instruments, Additional Tier 1 capital instruments and Tier 2 capital instruments (the "Relevant Capital Instruments" and thereby also including the Subordinated Instruments and Notes offered under this Prospectus) or to convert Relevant Capital Instruments into shares or other instruments of ownership of an institution (including any Common Equity Tier 1 capital instruments) potentially after the legal form of the Issuer has been changed either independently of resolution action, as part of the Bail-in Tool or in combination with any other Resolution Measure, the "Power to Write-Down and Convert Capital Instruments". Such power will, in particular, be given if either (i) the conditions for resolution as set out above have been met, (ii) the appropriate authority determines that unless that power is exercised in relation to the Relevant Capital Instruments, the institution or group will no longer be viable (the so-called "point of non-viability" or "PONV") or (iii) the institution requires public financial support. Where the institution is failing or likely to fail, such write-down or conversion of Relevant Capital Instruments may be mandatory.

Issuer Call

Issuer call option, on [TBD] May 2022 at par (one-time call, in whole and not in part)

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