Liechtensteinische Landesbank has recently announced the launch of a senior preferred bond worth 200 million Swiss francs, with the possibility of increasing the amount. The bond has a coupon rate of 1.60% and a maturity date of October 30, 2034.
The bond will be listed on the SIX Swiss Exchange from October 29, 2024, with a denomination of CHF 100,000. It has been assigned a rating of Aa3 by Moody's and will be managed by Zürcher Kantonalbank (ZKB) and UBS.
This bond issuance is considered a significant development in the financial markets.