Commentary & Deal Flow

Landesbank Saar (ticker: "SAARLB"), expected to be rated AAA by Fitch, has mandated DekaBank, DZ BANK, Erste Group and NORD/LB as Joint Lead Managers to arrange investor calls for an upcoming transaction. The issuer is available for 1-on-1 calls upon request.

An expected €250mn (no-grow) sub-benchmark, 10-year EUR Public Sector Covered Bond (Oeffentlicher Pfandbrief) offering will follow, subject to market conditions. The transaction will be under the label European Covered Bond (Premium) and will be issued under the base prospectus dated 29-Apr-26.

• Manufacturer Target Markets (MIFID II): Eligible counterparties and professional clients only (all appropriate distribution channels).
• PRIIPs: No key information document (KID) has been prepared.