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Commentary & Deal Flow

MANDATE: Land Sachsen-Anhalt CHF bmk Offering May Follow

IGC European Market: Deal Flow - General

★★★ NEW SSA MANDATE – LAND SACHSEN-ANHALT CHF ★★★

The State of Saxony-Anhalt (ticker: "SACHAN"), rated Aa1/AAA/AAA (Moody's/Fitch/Scope), has mandated Commerzbank and Deutsche Bank as Joint Lead Managers for a CHF-denominated benchmark offering.

The transaction may follow in the near future, subject to market conditions.

The issuer's most recent capital markets information can be accessed via the following link:
https://mf.sachsen-anhalt.de/finanzen/geld-und-kapitalmarktgeschaefte