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BRIEF-NN Group prices inaugural 500 million euros of conditional pass-through covered bonds
October 4, 2017 / 4:39 PM / 2 months ago

BRIEF-NN Group prices inaugural 500 million euros of conditional pass-through covered bonds

Oct 4 (Reuters) - NN GROUP NV:

* HAS PRICED ITS INAUGURAL EUR 500 MILLION CONDITIONAL PASS-THROUGH COVERED BONDS

* BONDS HAVE A TENOR OF 7 YEARS AND A FIXED COUPON OF 0.5%

* COVERED BONDS ARE BACKED BY DUTCH PRIME RESIDENTIAL MORTGAGE LOANS, RATED AAA BY STANDARD & POOR‘S AND TO BE LISTED ON EURONEXT AMSTERDAM Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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