Commentary & Deal Flow

Reoffer: 5.5yr: SARON MS+62bp / 100.034 / 1.1438% 10yr: SARON MS+77bp / 100.092 / 1.49%
Benchmark: 5.5yr: Govt + 84.1bp 10yr: Govt + 103.8bp

Launched:
5.5yr: CHF 150m @ SARON MS+62bp
10yr: CHF 200m @ SARON MS+77bp
Spread set at: 5.5yr: SARON MS+62bp 10yr: SARON MS+77bp
IPTs: 5.5yr: SARON MS+60/65bp 10yr: SARON MS+75/80bp

• Issuer: LGT Bank AG
• Ticker: LGT
• Issuer Domicile: Liechtenstein
• Domestic / Foreign: Foreign (SBI Domestic segment expected)
• Format: Public Fixed-Rate Notes
• Ranking: Senior-Preferred
• Issuer Rating: A1 (stable)/A+ (stable) (Moody's/S&P)
• Instrument Rating (exp): A1/A+ (Moody's/S&P)
• Issue Size:
  • 5.5yr: CHF 150mm
  • 10yr: CHF 200mm
• Coupon:
  • 5.5yr: 1.1500% p.a. (30/360, following unadj.) (Short first coupon)
  • 10yr: 1.500% p.a. (30/360, following unadj.)
• Maturity:
  • 5.5yr: 5 years 180 days (30-Sep-26 to 30-Mar-32)
  • 10yr: 10 years (30-Sep-26 to 30-Sep-36)
• Spread/Yield:
  • 5.5yr: SARON MS +62.0 // YTM 1.1438% // Govt + 84.1
  • 10yr: SARON MS +77.0 // YTM 1.490% // Govt + 103.8
• Issue Price:
  • 5.5yr: 100.034%
  • 10yr: 100.092%
• ISIN / Valor:
  • 5.5yr: CH1581468324 / 158’146’832
  • 10yr: CH1581468332 / 158’146’833
• Lead Manager(s): Deutsche Bank, ZKB, LGT (JLNB)
• SNB Repo-eligibility: At the discretion of the SNB, expected no
• Documentation: Under the € 5,000,000,000 EMTN Programme, dated 22-May-26, as supplemented from time to time. The provisions hereof are subject entirely to the Terms and Conditions set forth in the Listing Prospectus.
• FinSA Prospectus: Delayed prospectus approval in accordance with Article 51(2) FinSA
• Governing Law: English law
• Covenants: PP, XD
• SIX Listing: 29-Sep-26
• Denomination: CHF 100,000 and multiples thereof
• Selling Restrictions: United States and US persons, European Economic Area, United Kingdom, Principality of Liechtenstein, Belgium, Hong Kong, Singapore and Japan, as per the Issuer's EMTN Programme.
• Target Market: Manufacturer target market (MiFID II product governance) is eligible counterparties and professional clients (all channels for distribution), subject to applicable selling restrictions. Public Offering in Switzerland only.