By Laura Contemori – ROME (Econostream) – Hypo Vorarlberg Bank AG on Thursday priced CHF120 million of public fixed-rate notes.

The notes, maturing on August 31, 2033, carry a coupon of 0.8750%. The deal was offered at par for a yield to maturity of 0.8750% and 39bp over SARON mid-swaps.

The notes are expected to be rated Aaa by Moody’s.

Deutsche Bank and Commerzbank acted as lead managers.