Basler Kantonalbank: CHF 100mm min (CHF 150mm max) AT1 IPT's PerpNC5 2.750%-3.000% (coupon) Dienstag, 17. März 2015 - 10:20

Issuer: Basler Kantonalbank
Issuer Rating: AA (stable) by S&P
Issue Rating: BBB- (stable, exp) by S&P
Issue Size: CHF 100mm min (CHF 150mm max)
Price guidance: [2.750%-3.000%]
Format: Domestic (Exempt of Swiss withholding tax)
Status: Deeply subordinated, ranking behind Tier 2
instruments, pari passu with Tier 1 instruments and 
senior to Equity Capital and any equivalent items
No state guarantee: Bondholders do not benefit from a state guarantee of 
the Canton of Basel-City
Maturity: Perpetual
Issuer Calls: At year 5 and on every interest payment date 
thereafter at prevailing notional amount subject to 
the prior approval of the Regulator, if then 
required. Any time upon occurrence of a tax or 
regulatory event at prevailing notional amount 
subject to the prior approval of the Regulator, if 
then required
Payment Date: [1] April 2015
First Call Date: [1] April 2020
Coupon Payments: [] on prevailing notional amount until First Call 
Date, thereafter reset every 5 years at the then 
prevailing 5-year CHF swap rate (minimum 0%) plus 
initial margin. Non-cumulative coupons, payable at 
the discretion of the issuer, subject to sufficient 
distributable items 
Div. Stopper: No profit distribution or repurchase of participation 
certificates if coupon is not paid in full
Write-down Trigger Event: Upon occurrence of a Write-down Trigger Event, the 
principal is written down to the extent necessary to 
remedy the trigger breach. Full principal write-off 
upon occurrence of a Viability Event
Write-down Trigger: 5.125% Common Equity Tier 1
Viability Event: If the issuer receives an irrevocable commitment of 
extraordinary public sector support to prevent 
insolvency (etc.), or a write-down is required to 
prevent insolvency (etc.) as determined by FINMA
Leads: Deutsche Bank (JLB), Basler Kantonalbank (JLNB)
Listing: SIX Swiss Exchange 
First Trading Day: [30 March 2015]
Governing Law: Swiss law / Standalone documentation
Sales Restr.: USA and US persons, UK, EEA 
Denomination: CHF 200,000 and multiples thereof

Investor Presentation, Preliminary Prospectus and Rating Report available on:
Website: http://www.netroadshow.com
Entry codde: BKB2015 (not case-sensitive)