Germany's L-Bank Prices EUR1 Bln 2.125% 2015 Bond At 99.892

28th Jul 2010 15:22

LONDON (Dow Jones)--Landeskreditbank Baden-Wuerttemberg, or L-Bank, has priced its EUR1 billion, 2015-dated bond via Barclays Capital PLC, Commerzbank AG, JPMorgan Chase & Co. and UniCredit SpA, one of the banks said Wednesday. The deal is guaranteed by the German Federal State of Baden-Wuerttemberg and has the following terms: Amount: EUR1.0 billion Maturity: Aug. 4, 2015 Coupon: 2.125% Reoffer Price: 99.892 Payment Date: Aug. 4, 2010 Spread: 33.6 basis points over the July 2015 bund Debt Ratings: Aaa (Moody's) AA+ (Standard & Poor's) AAA (Fitch) -By Art Patnaude, Dow Jones Newswires; +44 (0) 207 842 9259; [email protected] (END) Dow Jones Newswires July 28, 2010 10:22 ET (14:22 GMT)