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New Issue-ST Gallen prices dual tranche deal

July 01 | Mon Jul 1, 2013 11:33am EDT

July 01 (Reuters) -Following are terms and conditions

of a dual tranche deal priced on Monday.

Borrower Kanton St Gallen

* * * *

Tranche 1

Issue Amount 250 million Swiss francs

Maturity Date July 16, 2038

Coupon 1.75 pct

Issue price 101.34

Reoffer price 100.39

ISIN CH0217825311

* * * *

Tranche 2

Issue Amount 150 million Swiss francs

Maturity Date July 16, 2038

Coupon 2.0 pct

Issue price 102.105

Reoffer price 101.155

ISIN CH0217825337

* * * *

Payment Date July 18, 2013

Lead Manager(s) Deutsche Bank

Ratings AA+ (S&P)

Listing SIX

Full fees Undisclosed

Denoms (K) 5

Governing Law Swiss

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Data supplied by International Insider.

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