Brief: NN Group Prices Debt Offering Of EUR 750 Mln Of Perpetual Subordinated Restricted Tier 1 Securities

NN

05/03/2024 15:55

March 5 (Reuters) - NN Group NV  NN.AS :
    * PRICES DEBT OFFERING OF EUR 750 MILLION OF PERPETUAL
SUBORDINATED RESTRICTED TIER 1 SECURITIES
    * COUPON IS FIXED AT 6.375% PER ANNUM (PAYABLE
SEMI-ANNUALLY)
UNTIL FIRST RESET DATE ON 12 MARCH 2031 AND WILL BE RESET EVERY
FIFTH YEAR THEREAFTER
    * SECURITIES ARE EXPECTED TO QUALIFY AS RESTRICTED TIER 1
OWN
FUNDS
    * OFFERING MEMORANDUM WITH DETAILS OF SECURITIES WILL BE
PUBLISHED
AROUND 8 MARCH 2024 ON WWW.NN-GROUP.COM

Further company coverage:  NN.AS 

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