LBBW 1.125% 08Dec2025 Corp (GBP)

Bond Factsheet

Matured/ Called

Landesbank Baden-Wuerttemberg

Indicative

Full Lot

Bid Price

100.058

Change in Bid Price

remove 0.002

Bid Yield (%)

Change in Bid Yield

Ask Price

100.145

Change in Ask Price

0.006

Ask Yield (%)

Change in Ask Yield

Indicative price as of 08 Dec 2025, 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

28 Sep 2020

Issue Date

08 Oct 2020

Maturity Date

08 Dec 2025

Years to Maturity / Next Call

- / -

Modified Duration

Issue / Reoffer Price

99.925

Issue / Reoffer Yield

1.137

Coupon Type

Fixed

Annual Coupon Rate

1.125

Coupon Frequency

Annually

Seniority

Senior Non Preferred

Capital Structure

Senior Non Preferred

Reference Rate

ISIN

DE000LB2CU83

CUSIP

ZO6837751

Bond Currency

GBP

Total Issue Size

250,000,000

Min. Investment Quantity (Nominal)

GBP 100,000

Incremental Quantity (Nominal)

GBP 100,000

Bond Type

Corporate

Bond Sector

Financials

Bond Sub Sector

Banks

Issuer Credit Rating (S&P/ Fitch)

***/ A+

Bond Credit Rating (S&P/ Fitch)

***/ A+

Shariah Compliant

Exchange Listed

Others

Bond Feature(s)

Loss Absorption

Bail-in

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 nonviability" 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.

In addition to the Bail-in Tool and the Power to Write-Down and Convert Capital Instruments, the competent resolution authorities are able to apply any other resolution measures and tools, including, but not limited to, any transfer of the Notes to another entity, the amendment of the terms and conditions of the Notes or the cancellation of the Notes or even the change of the legal form of the Issuer. Each of these measures and tools and exercise of powers collectively are herein referred to as "Resolution Measures".

The Holders of Notes are bound by any Resolution Measure. Holders would have no claim or any other right against the Issuer, arising out of any Resolution Measure against the Issuer, to make payments under the Notes. This would occur if the Issuer becomes, or is deemed by the competent authority to have become, failing or likely to fail (in particular if it’s continued existence is at risk (Bestandsgefährdung)) and certain other conditions are met (as set forth in the SRM Regulation, the SAG and other applicable rules and regulations).

Additional Note

Early redemption for reasons of an MREL Event (applicable with regard to Unsubordinated Notes that are eligible for the purposes of MREL and with regard to Unsubordinated non-preferred Notes): right of early redemption of the Issuer subject to the prior permission (if required) of the competent regulatory authority in case the Notes, according to the determination of the Issuer, cease to qualify as eligible for the purposes of the minimum requirement for own funds and eligible liabilities (MREL).

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