Ashurst has advised L-Bank (Landeskreditbank Baden-Wurttemberg Forderbank) in relation to a A$50 million tap issuance of 3.00% Fixed Rate Notes, due 18 August 2026, under its A$5 billion Australian and New Zealand Debt Issuance Programme.

This brings L-Bank's consolidated issuance under this series up to A$180,000,000. The issuance was subscribed to by the Joint Lead Managers.

The Ashurst team was led by partner Jamie Ng, who was assisted by Senior Foreign Associate Caroline Smart and lawyer Timon Ibrahim.