LLB successfully issues bond in the amount of CHF 150 million

Vaduz, 27 August 2020. Today, the Liechtensteinische Landesbank AG (LLB) issued a fixed-rate bond in the amount of CHF 150 million. With this further successful launch, after two bond offerings last year, the LLB is again establishing a strong reference on the Swiss Franc bond market.

Like the bond offerings in May and September 2019, this bond offering met with great demand from investors. The CHF 150 million launch shows that the LLB enjoys an excellent reputation on the market.

"With a Tier 1 ratio of 20.4% and equity of CHF 2.0 billion, the LLB stands for security and stability, Our Moody's rating of Aa2 underscores our financial strength. This has allowed us to very successfully conclude another bond offering within a short period of time," says Group CFO Christoph Reich. "The bond enables the LLB Group to take advantage of the currently attractive market conditions to further optimise our refinancing structure."

The term of the bond is ten years, with a yield to maturity of 0.290%. The bond will be listed on SIX as of 23 September 2020 (ISIN: CH0536893255) and traded on the secondary market.