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BNG Bank Increases EUR Bond Issue (Serie no. 1167)

May 22, 2014

ENP Newswire - 22 May 2014

Release date- 21052014 - BNG Bank, the Dutch Public Sector Agency, rated AA+/Aaa/AAA, has increased by EUR 50 million the EUR 500 million, due February 22, 2017 issue, originally issued on January 22, 2014.

This increase brings the total outstanding amount to EUR 550 million.

This new tranche has an issue price of 99.973%, the deal has a coupon of 3 Months-Euribor + 0.06 per cent. Settlement date is May 27, 2014, plus 5 days accrued interest. This tranche will be fungible with the original issue 40 days after settlement.

The issue will be listed in Luxembourg. Lead manager is Scotiabank Europe plc.

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Source: ENP Newswire

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