Announcements
Drinks
Instrument data
Senority
Senior Unsecured
Currency
USD
ISIN
XS2978438344
Coupon percent
5.322%
Coupon type
Floating: Floating
Instrument volume
300,000,000
Maturity date
14/01/2028
-
AAA
Outlook:
Stable
AAA
Outlook:
Stable
Latest change
New
21/01/2025
General information
Rating
Public
Solicited
With issuer participation
UK endorsed
EU Rated
Julian Zimmermann
Lead analyst
Alvise Lennkh-Yunus
Committee chair
13/12/2024 Rating announcement EN
Scope affirms L-Bank at AAA with Stable Outlook
The rating is supported by the guarantee of the German Federal State of Baden-Württemberg (AAA/Stable) for L-Bank's existing and future obligations with respect to money borrowed, bonds issued, and derivative transactions entered into by the bank.
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