Commentary & Deal Flow

Raiffeisen Landesbank Vorarlberg mit Revisionsverband eGen (ticker: "RFVORA"), expected to be rated Aaa by Moody's, has mandated DZ BANK, Erste Group, Helaba, Raiffeisen Bank International and UniCredit as Joint Bookrunners.

An expected €300m (wng), Reg S Bearer, 5yr fixed-rate Mortgage Covered Bond (soft bullet) offering will follow, subject to market conditions.

• Structure: European Covered Bond (Premium)
• Eligibility: Expected to be ECB eligible, LCR Level 2a
• Compliance: ECBC Covered Bond Label compliant
• Target Market (MiFID II): Eligible counterparties and professional clients only (all distribution channels)
• PRIIPs: No PRIIPs KID has been prepared