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NIBC BANK ADDS TAP FOR EUR 1.9YR FIG BBB FLOATING RATE GLOBAL PRIVATE MTN (XS2481802184)

Post Date: 13 May 2022

Netherlands based Financial Institution NIBC Bank N.V. has finalised a private placement in the EUR Floating Rate Global Medium Term Note market. The financing matures in 2024 and was executed by a single dealer. 

A Global Distribution bond is a bond issued in a form that allows it to be traded in both the relevant local (onshore) and the offshore international, also called eurobond, market. To allow for this Global Market bonds typically have two ISINs, one for clearing in the local onshore market and one for clearing in the offshore international eurobond market. It can be denominated in any freely tradeable currency.

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Issuer Details
Issuer NIBC Bank N.V.
LEI B64D6Y3LBJS4ANNPCU93
Industry Bank - Credit Institution
Country Netherlands
Issuer Description NIB Capital Bank N.V. brings expertise at national and international level to bear on long-term financing, investment in risk-bearing assets, capital-market transactions and financial and advisory services The company serves institutional investors by focusing its financial solutions on medium-sized businesses and selected sectors at home and abroad. Advice on mergers, acquisitions and general financial policy matters are based on extensive experience. Related balance-sheet products and banking services are tailor-made. It also plays an active role in public-sector and property financing.. NIBC Bank N.V. provides corporate and investment banking services. The Bank offers advises on mergers, acquisitions, financial policy, and property financing, as well as offers lending, leveraged finance, and derivatives. NIBC Bank serves customers worldwide.
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Trade Details
Security Type MTN
Amount EUR [Login to see full details]
Total Amount including taps EUR [Login to see full details]
Structure Floating Rate
Coupon [Login to see full details]
Price [Login to see full details]
Term [Login to see full details]
Trade Date [Login to see full details]
Settlement Date [Login to see full details]
Maturity Date [Login to see full details]

This is a tap of an earlier placement. Login for more details.
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A Global Distribution bond is a bond issued in a form that allows it to be traded in both the relevant local (onshore) and the offshore international, also called eurobond, market. To allow for this Global Market bonds typically have two ISINs, one for clearing in the local onshore market and one for clearing in the offshore international eurobond market. It can be denominated in any freely tradeable currency.

Check here for all issuer’s year to date financings.


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