Helaba is a German Landesbank, serving Hesse and Thuringia, providing commercial and investment banking services to businesses, public institutions, and private individuals.
The financial market recently observed the maturity and full repayment of a specific bond, identified by ISIN XS1587906022, originally issued by Landesbank Hessen-Thueringen (Helaba), a prominent German Landesbank headquartered in Frankfurt and Erfurt, recognized as one of Germany's leading universal banks with a strong focus on corporate banking, real estate finance, and public-sector business. This particular bond, denominated in USD, featured a 0% interest rate, consistent with a zero-coupon structure, and was launched with a total issue size of 140,000,000 USD, stipulating a minimum lot size for purchase of 100,000 USD. Having reached its scheduled maturity date on March 29, 2021, the instrument was fully redeemed at its par value of 100%, thus completing its lifecycle as expected.
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