Commentary & Deal Flow

Federal State of Schleswig-Holstein (ticker: "SCHHOL", country: Germany), rated AAA by Fitch, has mandated CACIB, Deutsche Bank, DZ BANK, J.P. Morgan and NORD/LB to lead manage its upcoming € Benchmark fixed rate Landesschatzanweisung with a maturity date of 9-Oct-34 (8 years).

The deal will be launched in the near future subject to market conditions.

• Target Market: Professional, retail and eligible counterparties, each as defined in MiFID II / UK MIFIR (all channels for distribution of the Bonds are appropriate)
• Fees: The Joint Bookrunners will be paid a fee in connection to the transaction