REG - Nova Ljubljanska - Issuance of subordinated Tier 2 notes

Nova Ljubljanska Banka dd LjubljanaAnnouncement

17/01/2024 17:00

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RNS Number : 0564A  Nova Ljubljanska Banka d.d.  17 January 2024

Nova Ljubljanska Banka d.d.

Issuance of subordinated Tier 2 notes

 

Pursuant to the Rules of the Ljubljana Stock Exchange relating to point 1
paragraph 1 of Article 130 of the Market Financial Instruments Act NLB d.d.,
Trg republike 2, 1000 Ljubljana, announces:

NLB d.d., Ljubljana (hereinafter also: the company) announced on 15 January
2024 that it is planning to issue subordinated notes intended for inclusion
into Tier 2 capital (hereinafter: the notes). On the basis of orders received
from eligible counterparties and professional clients outside the United
States of America the company has decided to issue the notes in the aggregate
nominal amount of EUR 300 million. The notes are expected to be issued on 24
January 2024, their maturity date will be 24 January 2034 and the issuer will
have the option for early redemption on 24 January 2029. The interest on the
principal of the notes will accrue at the interest rate of 6.875% per annum
and the issue price will be equal to 100% of their nominal amount. The ISIN
code of the notes will be XS2750306511.

Investor relations

NLB d.d., Ljubljana

 

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