NN Group to call EUR 476 million 6.375% Subordinated Notes
(Thomson Reuters ONE) -
NN Group announced today that it will redeem the outstanding aggregate principal
amount of EUR 476,290,000 of the 6.375% Fixed to Floating Rate Subordinated
Notes due 2027 (ISIN: XS0147306301) pursuant to the terms of the Subordinated
Notes set forth in the prospectus dated 2 May 2002.
The Subordinated Notes will be redeemed in full in accordance with the terms on
the first call date which is 7 May 2017. The redemption price payable for the
Subordinated Notes on the redemption date is 100% of the outstanding aggregate
principal amount of the Subordinated Notes, plus accrued and unpaid interest as
at the redemption date. The paying agent for these Subordinated Notes is The
Bank of New York Mellon, London Branch One Canada Square London E14 5AL United
Kingdom.
On 13 January 2017, NN Group issued EUR 500 million senior notes, the net
proceeds of which are planned to be used to redeem the Subordinated Notes. The
Subordinated Notes and the senior notes do not qualify as regulatory capital.
Press enquiries NN Group Investor enquiries NN Group
Leon Willems Investor Relations
+31 (0) 6 27 329 839 +31 (0)88 663 5464
Leon.Willems(at)nn-group.com investor.relations(at)nn-group.com
NN Group profile
NN Group is an international insurance and asset management company, active in
18 countries, with a strong presence in a number of European countries and
Japan. With around 11,500 employees the group offers retirement services,
insurance, investments and banking to more than 15 million customers. NN Group
includes Nationale-Nederlanden, NN and NN Investment Partners. NN Group is
listed on Euronext Amsterdam (NN).
Important legal information
All figures in this document are unaudited. Small differences are possible in
the tables due to rounding. Certain of the statements contained herein are not
historical facts, including, without limitation, certain statements made of
future expectations and other forward-looking statements that are based on
management's current views and assumptions and involve known and unknown risks
and uncertainties that could cause actual results, performance or events to
differ materially from those expressed or implied in such statements. Actual
results, performance or events may differ materially from those in such
statements due to, without limitation: (1) changes in general economic
conditions, in particular economic conditions in NN Group's core markets, (2)
changes in performance of financial markets, including developing markets, (3)
consequences of a potential (partial) break-up of the euro, (4) changes in the
availability of, and costs associated with, sources of liquidity as well as
conditions in the credit markets generally, (5) the frequency and severity of
insured loss events, (6) changes affecting mortality and morbidity levels and
trends, (7) changes affecting persistency levels, (8) changes affecting interest
rate levels, (9) changes affecting currency exchange rates, (10) changes in
investor, customer and policyholder behaviour, (11) changes in general
competitive factors, (12) changes in laws and regulations, (13) changes in the
policies of governments and/or regulatory authorities, (14) conclusions with
regard to accounting assumptions and methodologies, (15) changes in ownership
that could affect the future availability to us of net operating loss, net
capital and built-in loss carry forwards, (16) changes in credit and financial
strength ratings, (17) NN Group's ability to achieve projected operational
synergies and (18) the other risks and uncertainties detailed in the Risk
Factors section contained in recent public disclosures made by NN Group.
Any forward-looking statements made by or on behalf of NN Group speak only as of
the date they are made, and, NN Group assumes no obligation to publicly update
or revise any forward-looking statements, whether as a result of new information
or for any other reason.
This document does not constitute an offer to sell, or a solicitation of an
offer to buy, any securities.
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: NN Group NV via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Bereitgestellt von Benutzer: hugin
" alt="Bezant Resources Plc: Choco Alluvial Gold-Platinum Project: Phase 2 Gold & Platinum Recovery Results
Datum: 03.04.2017 - 08:50 Uhr
Sprache: Deutsch
News-ID 534004
Anzahl Zeichen: 5080
contact information:
Town:
THE HAGUE
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 133 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"NN Group to call EUR 476 million 6.375% Subordinated Notes"
steht unter der journalistisch-redaktionellen Verantwortung von
NN Group NV (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
