18/09/2003
WestLB AG Issues € 500 Million Floating Rate Note
WestLB AG, Düsseldorf/Münster, is issuing a € 500 million floating rate note (FRN) as part of its debt issuance programme. The five-year note (SIN 831 597), which is due on September 25, 2008, carries a coupon of 3-month Libor plus 10 basis points and has a fixed reoffer price of 99.959%. WestLB AG is sole lead manager for the issue. The issue is available in denominations of € 10,000 and will be floated on the Luxembourg Stock Exchange. Payment date is September 25, 2003.