04/11/2003
WestLB AG Issues € 500 Million Floating Rate Note
WestLB AG, Düsseldorf/Münster, is issuing a € 500 million floating rate note (FRN) undre its debt issuance programme. The ten-year note, which matures on November 18, 2013, carries a coupon of 3-month Euribor plus 15 basis points and has a reoffer price of 99.929%. WestLB AG is sole lead manager for the issue. Co-lead managers are Barclays, Citigroup, Goldman Sachs, HVB and Merrill Lynch. The issue, which is available in denominations of € 10,000, will be listed on the Frankfurt and Luxembourg Stock Exchanges. Payment date is November 18, 2003.