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Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
IGC
FNCL
PRCD
HESLAN
Landesbank Hessen Thueringen Girozentrale (Helaba)CHF110
1EMEA
Feb 3, 2026
currency
CHF
size (m)
110.000
maturity
Mar 10, 2036
type
Fixed
tenor
10.000
call
-
registration
-
benchmark
Swaps
ranking
Subordinated
moody's
-
s&p
-
fitch
A-
size description
-
re-open/tap
No
ipt
-
ipt-pxd
0
guidance
SARON MS+118 area
spread
118
coupon
1.76%
spread set
-
price
100.00000
yield
1.76%
book size (m)
-
peak book (m)
-
x-covered
-
book attrition
-
nic
-
billing & delivering
-
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
-
peak book (m)
-
x-covered
-
book attrition
-
nic
-
billing & delivering
-
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
Tranche Comments
Comments: CHF110m 10yr fxd cpn 1.76% at par. Spread: SARON MS +118 / Govt+150. PP: Yes;
Deal Comments
Reoffer: 10yr: MS+118 / 100 / 1.76% Benchmark: 10yr: Govt.+150 Launched: 10yr: CHF 110m @ MS+118bp Spread set at: 10yr: MS+118bp - Books north of CHF 100m Issuer: Landesbank Hessen-Thüringen Girozentrale (Ticker: HESLAN) Issuer Domicile: Germany Status: Subordinated obligations. The Notes qualify as Tier 2 Capital Type: Public Fixed Rate Tier 2 Notes Issuer Rating: Aa2/A+ (Moody's/Fitch) Instrument Rating (exp): A- (Fitch) Issue Size: CHF 110m Coupon: 1.76% p.a. Maturity: 10-Mar-36 Issue Price: 100 Spread/Yield: SARON MS +118.0 / YTM 1.76% / Govt.+150 ISIN / Security Number: CH1522231203 / 152223120 Lead Manager(s): UBS, Commerzbank SNB Repo-eligibility: At the discretion of the SNB, expected no Documentation: Off Landesbank Hessen-Thüringen Girozentrale's Debt Issuance Programme base prospectus dated 29-Apr-25 as supplemented on 03-Sep-25 FinSA Prospectus: Final Terms only, in accordance with art. 45 para. 3 FinSA Governing Law: German Covenants: PP SIX Listing: 06-Mar-26 Denomination: CHF 100000 Target Market: Manufacturer target market (MiFID II product governance) is eligible counterparties and professional clients (all distribution channels). Offering to the public in Switzerland only. Sales Restrictions: As per Landesbank Hessen-Thüringen Girozentrale's Debt Issuance Programme base prospectus dated 29-Apr-25 Timing: Books to close 11:10 CET, pricing shortly thereafter

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