BayernLB acted as Joint Lead Manager for Lafarge SA 1 billion Eurobond Issue

19 November 2010

Munich - Acting as Joint Lead Manager, BayernLB has issued a Euro benchmark bond for Lafarge SA together with BNPP, HSBC, Natixis and Société Général CIB. The eight-year bond pays a coupon of 5.375%. The total value of the bond was EUR 1 billion although demand was more than 4.0 times higher. The bond was placed at institutional and retail-orientated investors in Europe (including retail-orientated investors in Europe). In Germany, Austria and Switzerland where 31%, in France 18% of the issue placed, retail-orientated fund managers and banks were the main buyers.