NN Group N.V. noteert obligatie ter waarde van € 1 miljard aan Euronext Amsterdam


Amsterdam, Brussels, Lisbon, Paris – 8 April 2014 – Euronext, a wholly owned subsidiary of IntercontinentalExchange Group (NYSE: ICE), today announced that NN Group N.V. listed its successful EUR 1 billion subordinated bonds on Euronext Amsterdam (ISIN XS1054522922).

NN Group is an insurance and investment management company with a strong, predominantly European presence in more than 18 countries with over 12,000 employees, offering retirement services, insurance, investments and banking to more than 15 million customers. NN includes Nationale-Nederlanden, ING Insurance Europe, ING Life Japan and ING Investment Management. NN Group is currently a fully-owned subsidiary of ING Group.

The subordinated bonds have a maturity of 30 years and are callable after 10 years and each quarter thereafter (subject to regulatory approval). The coupon is fixed at 4.625% per annum for the first 10 years and floating thereafter.  

“The successful placement of this subordinated bond marks an important step to establish our standalone capital structure,”said Lard Friese, vice-chairman of NN Group. “We are progressing well to prepare our company for a standalone future. Preparations for our base case Initial Public Offering are on track and we intend to go to the market in 2014, depending on market conditions.”

“We are pleased that NN Group has chosen to list the bond on Euronext Amsterdam,” said Anne Louise Metz, Head of Listing Euronext Amsterdam.”With over 4,500 bonds listed on our European markets, Euronext is the natural place for issuers to look to in meeting their financing needs and achieve their funding objectives. The listing on Euronext Amsterdam will increase the visibility and liquidity of the bond and NN Group.”

Press Release Footer

About Euronext 
Euronext is the leading pan-European market infrastructure, connecting European economies to global capital markets, to accelerate innovation and sustainable growth. It operates regulated exchanges in Belgium, France, Ireland, Italy, the Netherlands, Norway and Portugal. With more than 1,900 listed issuers and around €6.5 trillion in market capitalisation as of end June 2023, it has an unmatched blue-chip franchise and a strong diverse domestic and international client base. Euronext operates regulated and transparent equity and derivatives markets, one of Europe’s leading electronic fixed income trading markets and is the largest centre for debt and funds listings in the world. Its total product offering includes Equities, FX, Exchange Traded Funds, Warrants & Certificates, Bonds, Derivatives, Commodities and Indices. The Group provides a multi-asset clearing house through Euronext Clearing, and custody and settlement services through Euronext Securities central securities depositories in Denmark, Italy, Norway and Portugal. Euronext also leverages its expertise in running markets by providing technology and managed services to third parties. In addition to its main regulated market, it also operates a number of junior markets, simplifying access to listing for SMEs.  
For the latest news, follow us on Twitter (twitter.com/euronext) and LinkedIn (linkedin.com/euronext).

This press release is for information purposes only and is not a recommendation to engage in investment activities. This press release is provided “as is” without representation or warranty of any kind. While all reasonable care has been taken to ensure the accuracy of the content, Euronext does not guarantee its accuracy or completeness. Euronext will not be held liable for any loss or damages of any nature ensuing from using, trusting or acting on information provided. No information set out or referred to in this publication may be regarded as creating any right or obligation. The creation of rights and obligations in respect of financial products that are traded on the exchanges operated by Euronext’s subsidiaries shall depend solely on the applicable rules of the market operator. All proprietary rights and interest in or connected with this publication shall vest in Euronext.

This press release speaks only as of this date. Euronext refers to Euronext N.V. and its affiliates. Information regarding trademarks and intellectual property rights of Euronext is located at www.euronext.com/terms-use.

© 2023, Euronext N.V. - All rights reserved.