New Issue- L-Bank prices $1.25 bln 2016 bond

Wed Feb 6, 2013 10:59am EST

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Feb 6 (Reuters) -Following are terms and conditions

of a bond priced on Wednesday.

Borrower Landeskreditbank Baden Wuerttemberg Foerderbank

(L-Bank)

Guarantor State of Baden Wuerttemberg

Issue Amount $1.25 billion

Maturity Date February 16, 2016

Coupon 0.625 pct

Reoffer price 99.682

Yield 0.731 pct

Spread 18 basis points

Underlying govt bond Over Mid-swaps, equivalent to 35.3bp

over the 0.375 pct January 2016 UST

Payment Date February 14, 2013

Lead Manager(s) Barclays, JPMorgan, RBC Capital Markets & Unicredit

Ratings Aaa (Moody's) & AAA (S&P)

Listing Lux

Full fees Undisclosed

Denoms (K) 1

Governing Law German

Notes Launched under issuer's DIP programme

ISIN XS0889239876

Security details and RIC, when available, will be

on

Customers can right-click on the code for

performance analysis of this new issue

For ratings information, double click on

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where assigned, and hit the newskey (F9 on Reuters terminals)

Data supplied by International Insider.

FILED UNDER:
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