SaarLB > Homepage > Great success for SaarLB with its first social covered bond (Pfandbrief) placed on the market

Landesbank Saar
Ursulinenstraße 2
66111 Saarbrücken

Postfachadresse
66104 Saarbrücken

Telefon: 0681 383-01
Telefax: 0681 383-1200
E-Mail: info@saarlb.de

LBS
Landesbausparkasse Saar

Beethovenstraße 35-39
66111 Saarbrücken

PO box: Postfach 10 19 62
66019 Saarbrücken

Phone: +49 681 383-02
Telefax: +49 681 383-2100
E-Mail: service@lbs-saar.de
www.lbs.de

Landesbank Saar
Vertriebsbüro Mannheim
Willy-Brandt-Platz 5-7
68161 Mannheim

Telefon: 0621 124769-10
E-Mail: info@saarlb.de

Landesbank Saar
Vertriebsbüro Trier
Nikolaus-Koch-Platz 4
54290 Trier

Telefon: 0651 9946-6138 
E-Mail: info@saarlb.de

Landesbank Saar
Vertriebsbüro Koblenz
Peter-Kläckner-Straße 5
56073  Koblenz

Telefon: 0261 952-18461
E-Mail: info@saarlb.de

SaarLB France
Succursale de la Landesbank Saar

Résidence Le Premium
17-19, rue du Fossé des Treize
67000 Strasbourg Cédex
Frankreich

Telefon: +33 3 88 3758-70
Telefax: +33 3 88 3693-78
E-Mail: info@saarlb.fr

SaarLB France
Centre d’affaires

203, rue du Faubourg Saint Honoré
75008 Paris
Frankreich

Telefon: +33 1 45 6363-52
Telefax: +33 1 45 6371-22
E-Mail: info@saarlb.fr

SaarLB is only the third issuer and the first Landesbank with a social covered bond on the market.

Great success for SaarLB with its first social covered bond (Pfandbrief) placed on the market

After SaarLB’s success placing public covered bonds (Pfandbriefe) in the sub-benchmark format in recent years, it has now achieved another major success in its issuing.

The latest issue was characterised by a special feature, as it was a social covered bond in the sub-benchmark format. SaarLB is only the third issuer and the first Landesbank with a social covered bond on the market.

The issue proceeds of this public social covered bond (coupon 1.75%), which has a maturity of 10 years, will be used for projects and financing in public utilities, health and care as well as education and research. The creation of social added value, both on the German and French markets, has always been one of SaarLB’s goals as the Franco-German regional bank.

In a very challenging market environment, demand of €340 million significantly exceeded the issue size of the social covered bond of €250 million.

“The significant oversubscription showed the great interest in our covered bond once again. For us, this is a sign that, on the one hand, we are offering investors an interesting security with attractive conditions and, on the other hand, that we have a good refinancing instrument in our portfolio. We are also pleased that we have numerous new investors among the subscribers – in part because of the sustainable orientation of the covered bond,” says Christian Mathe, Head of Treasury and Syndication at SaarLB.

The investor presentation and supplementary information on this can be found here at our website.

Your contact

Philipp Werthmüller

Communication & Media
Phone: +49 681 383-1264
philipp.werthmueller@saarlb.de
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Die deutsch-französische Regionalbank

La banque régionale franco-allemande

Landesbank Saar
Ursulinenstraße 2
66111 Saarbrücken

Postfachadresse
66104 Saarbrücken

Telefon: 0681 383-01
Telefax: 0681 383-1200
E-Mail: info@saarlb.de

LBS
Landesbausparkasse Saar
Beethovenstraße 35-39
66111 Saarbrücken

Postfachadresse
Postfach 66019
66104 Saarbrücken

Telefon: 0681 383-02
Telefax: 0681 383-2100
Internet: www.lbs-saar.de
E-Mail: service@lbs-saar.de

Landesbank Saar
Vertriebsbüro Mannheim
Willy-Brandt-Platz 5-7
68161 Mannheim

Telefon: 0621 124769-10
E-Mail: info@saarlb.de

Landesbank Saar
Vertriebsbüro Trier
Nikolaus-Koch-Platz 4
54290 Trier

Telefon: 0651 9946-6138 
E-Mail: info@saarlb.de

Landesbank Saar
Vertriebsbüro Koblenz
Peter-Kläckner-Straße 5
56073  Koblenz

Telefon: 0261 952-18461
E-Mail: info@saarlb.de

SaarLB France
Succursale de la Landesbank Saar

Résidence Le Premium
17-19, rue du Fossé des Treize
67000 Strasbourg Cédex
Frankreich

Telefon: +33 3 88 3758-70
Telefax: +33 3 88 3693-78
E-Mail: info@saarlb.fr

SaarLB France
Centre d’affaires

203, rue du Faubourg Saint Honoré
75008 Paris
Frankreich

Telefon: +33 1 45 6363-52
Telefax: +33 1 45 6371-22
E-Mail: info@saarlb.fr

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Ihr Ansprechpartner

Philipp Werthmüller

Communication & Media
Phone: +49 681 383-1264
philipp.werthmueller@saarlb.de