Announcements

    Drinks

      Instrument data
      Issuer
      LANDESKREDITBANK BADEN WUERTTEMBERG FOERDERBANK
      Senority
      Senior Unsecured
      Currency
      USD
      ISIN
      XS1592875998
      Coupon percent
      2%
      Coupon type
      Floating: Fixed Margin over Index
      Instrument volume
      500,000,000
      Maturity date
      06/04/2020
      -
      WD Outlook: N/A
      WD Outlook: N/A
      Latest change
      Withdrawal
      07/04/2020
      General information
      Rating
      Public
      Solicited
      With issuer participation
      UK endorsed
      EU Rated
      Withdrawal reason: end of maturity of the debt obligation, or in case the debt is redeemed, called, prefunded, cancelled
      Julian Zimmermann Lead analyst
      Dr. Giacomo Barisone Committee chair
      Scope assigns L-Bank a credit rating of AAA with a Stable Outlook

      22/1/2020 Rating announcement EN

      Scope assigns L-Bank a credit rating of AAA with a Stable Outlook

      An explicit government guarantee scheme for L-Bank’s obligations, high strategic importance, a strong liquidity and funding profile, and high asset quality support the rating; limited loan portfolio diversification and modest profitability are challenges.

      Share
      Read more
      Date Title