liechtensteinische landesbank issues 200 million chf bond amid strong investor demand

LLB has successfully issued a CHF 200 million fixed-interest bond, which has garnered significant interest from investors. This reflects the bank's strong reputation in the financial market, attributed to its solid financial standing, including a Tier 1 capital ratio of 19.7 percent and total equity of CHF 2.3 billion.

Financial Strength and Stability

The recent confirmation of a Moody's deposit rating of Aa2 further emphasizes LLB's financial strength and stability. The bond has a ten-year term and a yield to maturity of 1.552 percent, and it will be listed on the SIX Swiss Exchange starting October 29, 2024. This listing will provide liquidity and accessibility for investors.

Strategic Move for Growth

The issuance of this bond is part of LLB's strategic move to enhance its financing structure and support its growth initiatives. LLB is recognized as the most traditional financial institution in Liechtenstein and offers a comprehensive range of wealth management services.

Significant Presence in the Financial Sector

As of June 30, 2024, LLB reported a business volume of CHF 109.9 billion, demonstrating its significant presence in the financial sector. The successful bond issuance reflects investor confidence in LLB's financial health and operational strategy.

Proactive Approach to Refinancing

LLB's proactive approach to refinancing and strengthening its financing structure positions it well for future growth. The bank's commitment to providing comprehensive wealth management services, coupled with its strategic initiatives, will likely attract further interest from investors.

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