E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 1/9/2024 in the Prospect News Liability Management Daily.

KBC Group exercises call option for tier 1 securities from 2019

Chicago, Jan. 9 – KBC Group NV is exercising its call option for the €500 million additional tier 1 securities issued in 2019 (ISIN: BE0002638196), according to a press release.

The group is also calling the subordinated intercompany loan of the same amount that KBC Group NV granted to KBC Bank NV.

The call date is March 5.

KBC Group is a Brussels-based bank and insurance group.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.