Commentary & Deal Flow

Final Books above €1.1bn (incl. €125m JLM). Peak book above €1.25bn (incl. €225m JLM)

Launched: Long 5yr: €500m @ MS+24bp - Books above €1.25bn (incl. €225m JLM)
Book Update: Books above €1bn (incl. €225m JLM)
Guidance: Long 5yr: MS+30a

• Issuer: Raiffeisenlandesbank Oberösterreich AG
• Ticker: RFLBOB
• LEI: I6SS27Q1Q3385V753S50
• Format: Mortgage Covered Bond (Hypothekenpfandbrief), Reg S Bearer, EU Harmonisation Label European Covered Bond (Premium)
• Expected Rating: Aaa (Moody's)
• Size: €500m
• Maturity: 23-Oct-31 (Soft Bullet)
• Settlement: 23-Jun-26 (T+5)
• Coupon: tbd, annual, Act/Act ICMA, short first
• Denoms/Listing: €100k + €100k / Vienna
• Docs: Under the issuer's Debt Issuance Programme
• Law: Austrian law
• Target Market: Manufacturer target market (MIFID II product governance) is eligible counterparties and professional clients only (all distribution channels). No PRIIPs or UK PRIIPs key information document (KID) has been prepared as not available to retail in EEA or the United Kingdom
• Fees: The banks will be paid a fee by the Issuer in respect of the placement of the securities
• ISIN: AT0000A3VG25
• Hedge Ratio: HR 110% vs DBR 0 31-Aug-31
• Hedge Deadline: Hedges by 14:05 CET
• Joint Leads: Danske Bank, DekaBank, Erste Group, Helaba, LBBW and Raiffeisen Bank International (B&D/DM)
• Advertising: The base Prospectus is available at: https://www.raiffeisen.at/ooe/rlb/de/meine-bank/investor-relations/eigene-emissionen/prospekte-und-bedingungen.html https://www.raiffeisen.at/ooe/rlb/de/meine-bank/investor-relations/own-issues/prospectuses-and-final-terms.html
• Timing: Books open, today's business. Books to close 11:30 CET.