Commentary & Deal Flow

The Federal State of Schleswig-Holstein, rated AAA by Fitch, has mandated BayernLB, Danske Bank, DekaBank, Goldman Sachs Bank Europe SE and UniCredit to lead manage an upcoming offering.

An expected € Benchmark fixed rate Landesschatzanweisung with a 10-year tenor (maturity 28-Apr-36) will be launched in the near future, subject to market conditions.

• Fees: The Joint Bookrunners will be paid a fee in connection to the transaction.
• Target Market: The target market for the Bonds is professional, retail and eligible counterparties, each as defined in MiFID II / UK MIFIR (all channels for distribution of the Bonds are appropriate).