LAUNCHED: State of Saxony-Anhalt €100m 2yr Sr Unsec; MS+2bp
IGC European Market: Deal Flow - SSA
Issuer
Term
Maturity
Size
Ranking
Type
Spread Set
ISIN
State of Saxony-Anhalt
2yr
29-Jun-28
€100m
Sr Unsec
Fixed
MS+2
DE000A460KG2
Launched: 2yr: €100m @ MS+2bp
Issuer:Federal State of Saxony-Anhalt (Sachsen-Anhalt)
Issuer Rating: Aa1/AAA/AAA (Moody's/Fitch/Scope)
Issue Type: Senior, Unsecured, Unsubordinated, Landesschatzanweisung (crypto security under German eWpG)
Format: Standalone documentation, Bearer Bond
Risk Weighting: 0%
DLT/Network: The decentralised blockchain network SWIAT operated by SWIAT GmbH
Size: €100m (WNG)
Maturity: 29-Jun-28 (2yr)
Settlement: 29-Jun-26 (T+0)
Coupon: Fixed, annual, act/act ICMA
Reoffer: MS+2bp
Law/Denoms: German Law, €100,000 + €100,000
Sole Lead Manager: DekaBank
Target Market: Manufacturer target market (MiFID II product governance) is eligible counterparties and professional clients only (all distribution channels).