New Issue- KB Luzer prices 400 mln sfr 2023 bond

Luzerner Kantonalbank AG

09/01/2015 09:47

Jan 9 (Reuters) -Following are terms and conditions 
    of a bond priced on Friday.  
      
    Borrower                Luzerner Kantonalbank (KB Luzer) LUKN.S  
    Issue Amount            400 million Swiss francs 
    Maturity Date           January 30, 2023 
    Coupon                  0.375 pct 
    Issue price             100.45 
    Reoffer price           100.45 
    Yield                   0.318 pct 
    Spread                  7 basis points 
    Underlying govt bond    Over Mid-swaps 
    Payment Date            January 30, 2015 
    Lead Manager(s)         KBLuc 
    Listing                 SIX 
    Full fees               Undisclosed 
    Denoms (K)              5 
    Governing Law           Swiss 
    Notes                   Launched under issuer's DIP programme  
    ISIN                    CH0266437950 
     
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