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NN Group to redeem €476.29 million 6.375% fixed-to-floaters due 2027
By Susanna Moon
Chicago, April 3 – NN Group NV said it will redeem €476.29 million of its 6.375% fixed-to-floating subordinated notes due 2027.
The notes will be redeemed at par on the first call date of May 7 plus accrued interest as of the redemption date, according to a company notice.
The paying agent is Bank of New York Mellon, London Branch.
NN Group said it will redeem the notes using proceeds of its €500 million senior notes issued Jan. 13.
NN Group is an insurance and investment management company based in The Hague. It operates seven segments.
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