WestLB AG Lead Manages First Internationally Rated Benchmark Bond of the Federal State of Berlin
WestLB AG, Deutsche Bank AG and HSBC have been mandated to act as lead managers for the first internationally rated benchmark bond issued by the Federal State of Berlin. The mandate was awarded after the benchmark bond of the Federal State of Berlin received an official rating today by Moody´s (Aa3) and Fitch IBCA (AAA). A one-week roadshow at the end of January will provide the issuer with an opportunity to meet potential European investors. Subsequent to this, and assuming that market conditions are favourable, the benchmark bond will then be brought to the market.
