Ranking: Unsecured and Unsubordinated Notes (Preferred Senior, not MREL eligible)
Format: Public Fixed Rate Notes
Issuer Ratings: Aa2/AA- (Moody's/Fitch)
Expected Issue Ratings: Aa2/AA- (Moody's/Fitch)
Size: CHF 100m
Coupon: 1.155% p.a. (indicative), expected to price at par
Maturity: 04-Aug-36 (10 years)
IPTs: SARON MS +64.0 area // YTM 1.155% area // Govt.+89 area
Lead Managers: UBS
SNB Repo-eligibility: At the discretion of the SNB, expected no
Documentation: Off Landesbank Hessen-Thüringen Girozentrale's Debt Issuance Programme dated 29-Apr-26 deposited with the SIX Prospectus Office in accordance with art. 45 par. 3 FinSA
Governing Law: German
Covenants: PP
Listing: 31-Jul-26 on the SIX Swiss Exchange
Denominations: CHF 100,000
Sales Restrictions: As per the issuer’s Debt Issuance Programme dated 29-Apr-26
Target Market: Manufacturer target market (MiFID II product governance) is eligible counterparties and professional clients (all distribution channels). Offering to the public in Switzerland only.
Timing: Today's business, books can close at short notice