Coupon: 1.130% p.a. (indicative, will price at par) (30/360, following unadj.)
Maturity: 15 years (28-Aug-26 to 28-Aug-41)
Lead Managers: Deutsche Bank, BNP Paribas
SNB Repo-eligibility: At the discretion of the SNB, expected yes (HQLA Level 1)
Documentation: Alleviated Base Prospectus dated 6-Mar-26, relating to the issuer debt issuance programme
FinSA Prospectus: Delayed prospectus approval in accordance with Article 51(2) FinSA
Governing Law: German law
Covenants: PP
Listing: 26-Aug-26
Denomination: CHF 5,000 and multiples thereof
Selling Restrictions: In particular USA, U.S. persons, the European Economic Area, the United Kingdom, Germany, Luxembourg and Japan, in each case as further described in the Alleviated Base Prospectus.
Target Market: Manufacturer target market (MiFID II product governance) is eligible counterparties and professional clients (all channels for distribution channels). Public Offering in Switzerland only.
Timing: Books to close at 11.15 CET, pricing to follow shortly thereafter.