Germany based Commercial Bank Landesbank Baden-Wuerttemberg has finalised a private placement in the USD Floating Rate Adler Bond market. The financing matures in 2025 and was executed by a single dealer.
An Adler bond is an EUR-denominated bond issued by a non-German entity in the German Foreign Bond market.
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| Issuer Details | |
| Issuer | Landesbank Baden-Wuerttemberg |
| LEI | B81CK4ESI35472RHJ606 |
| Industry | Bank - Commercial |
| Country | Germany |
| Issuer Description | LBBW is a universal bank and an international commercial bank. It provides banking and financial services, establishes and operates any kind of office or branch without regional restrictions. It is both a retail and a wholesale bank and the central banking institution of the savings banks in Baden-Württemberg. |
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| Trade Details | |
| Security Type | Bond |
| Amount | USD [Login to see full details] |
| Total Amount including taps | USD [Login to see full details] |
| Total Amount Outstanding | USD [Login to see full details] |
| Total Order Book | USD [Login to see full details] |
| Structure | Floating Rate |
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| Reoffer | [Login to see full details] |
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| Maturity Date | [Login to see full details] |
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An Adler bond is an EUR-denominated bond issued by a non-German entity in the German Foreign Bond market.
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