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Bell ceremony for the listing of the KBC bond of 1.4 billion euro
19/03/2014
On Wednesday 19 March 2014, Luc Popelier, CFO of KBC Group, opened the European stock markets with a Bell Ceremony at Euronext Brussels to celebrate the listing of 1.4 billion euros in additional Tier-1 (AT1) securities by KBC Group SA.
Luc Popelier, CFO of KBC Group, at bell ceremony (Dutch spoken)
The securities are perpetual with an optional call from year 5 onwards and a coupon of 5.625% per annum, payable each quarter. They are qualified as CRD IV-compliant AT1 capital under Basel III standards. There was considerable interest in the issue, which was five times oversubscribed.
To learn more about this company : www.kbc.com