HSH Nordbank arranges EUR 500 million state discount note for Schleswig-Holstein

Hamburg/Kiel, October 28, 2011 - HSH Nordbank together with DekaBank and DZ won the tender to issue a state discount note for the federal state of Schleswig-Holstein.

The issue of the debt instrument secures EUR 500 million in refinancing for Schleswig-Holstein.

The variable-rate state discount note has a coupon of 3-month EURIBOR plus ten basis points and is payable on 28 April 2015. The bond's interest payment period begins today.

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