L-Bank L-Bank

11 Feb 2011

Guarantor:Land Baden-Württemberg

Rating: Aaa/AA+/AAA

Amount: $1.5bn RegS

Maturity: 18 February 2014

Issue/re-offer price:99.733

Coupon: 1.75%

Spread at re-offer: mid-swaps plus 25bp

Launch date:Tuesday 8 February

Payment date:18 February

Joint books:Barclays Capital, JPMorgan, Morgan Stanley

Borrower’s comment:

After one and a half quiet weeks in the dollar market due to the holidays in Asia and ...

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