(CercleFinance.com) – ABN Amro announced on Monday the early redemption of a subordinated bond issue (‘Tier 2’) of one billion euros which was to mature in January 2028.
Through this operation, the Dutch banking group applies the early repayment clause which was provided for in the context of the issue from January 2023.
This offer means that the holders of the securities will receive the interest due as well as the reimbursement of the bonds, but the interest will cease to run from the date on which the instruments are reimbursed.
Copyright © 2022 CercleFinance.com. All rights reserved.
Did you like this article ? Share it with your friends with the buttons below.
