Landesbank Baden-Württemberg
Landesbank Baden-Württemberg plans to issue additional tier 1 bonds
Landesbank Baden-Württemberg / Key word(s): Bond The Board of Managing Directors of Landesbank Baden-Württemberg (LBBW) has decided to establish a programme for the issuance of subordinated bonds, which meet the criteria set out in the Capital Requirements Regulation (CRR) for additional tier 1 capital (AT 1). Issues may be made in an aggregate volume of up to 1.5 bn EUR until end of 2020. The issues serve to further strengthen and structurally optimise LBBW’s capital. The issuance of the bonds is subject to the approval of LBBW’s shareholders’ meeting and subject to market conditions. First issues are planned for 2019. **********
17-Oct-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English |
Company: | Landesbank Baden-Württemberg |
Am Hauptbahnhof 2 | |
70173 Stuttgart | |
Germany | |
Phone: | 0711-127-73634 |
Fax: | 0711-127-71947 |
E-mail: | Oliver.Lier@LBBW.de |
Internet: | www.lbbw.de |
ISIN: | DE0007062572 |
WKN: | 706257 |
Listed: | Regulated Market in Stuttgart; Regulated Unofficial Market in Frankfurt |
EQS News ID: | 890537 |
Informationen zu weiteren Finanzinstrumenten entnehmen Sie bitte den folgenden Webseiten: 1. Deutsche Website: www.LBBW.de/Investor Relations/IR-Meldungen Zugehöriger Link: https://www.lbbw.de/konzern/news-and-service/investor-relations/ir-meldungen_7u12dygor_d.html 2. Englische Website: www.LBBW.com/Investor Relations/IR Reports Zugehöriger Link: https://www.lbbw.de/group/news-and-service/investor-relations/ir-reports_7u12dygor_e.html |
End of Announcement | DGAP News Service |