ING Bank N.V. London Branch Stabilisation Notice (pre-stab ING Bank 3 tranche) (6515U)
01 April 2019 - 7:36PM
UK Regulatory
TIDM95NM
RNS Number : 6515U
ING Bank N.V. London Branch
01 April 2019
Stabilisation Notice
ING Bank N.V. (contact: Kris Devos; telephone: 0032 2 557 16 01)
hereby gives notice that the Stabilising Manager named below may
stabilise the offer of the following securities in accordance with
Commission Regulation (EC) No. 2273/2003 implementing the Market
Abuse Directive (2003/6/EC).
The securities:
Issuer..............ING Bank N.V.
Issuer Ratings......Aa3/A+/AA- (Moody's/S&P/Fitch, stable/stable/stable)
Issue Ratings.......Aa3/A+/AA- (Moody's/S&P/Fitch, stable/stable/stable)
Status..............Senior unsecured, unsubordinated
Settlement Date.....8 April 2019
Legal Format........New Global Note (NGN) bearer form, RegS
TEFRA D
Currency............EUR
Tranche.............2-year FRN | 3-year FRN | 3-year Fix
Maturity............8 April 2021 | 8 April 2022 | 8 April 2022
Size................Benchmark | Benchmark | Benchmark
Tranche.............2-year FRN | 3-year FRN | 3-year Fix
IPT.................3mEUR+High30s bps| 3mEUR+High40sbps | MS+40bps
area | area | area
Coupon..............3mEUR +[]bps | 3mEUR +[]bps | Fixed,
FRN, quarterly | FRN, quarterly | annual
Actual/360, | Actual/360, | ACT/ACT
adjusted | adjusted | ICMA
Stabilisation:
Stabilising Manager: ING Bank N.V.
Stabilisation period expected 8 April 2019
to start on:
Stabilisation period expected 30 days after the proposed issue
to end no later than: date of the securities.
Existence, maximum size and The Stabilising Manager may over-allot
conditions of use of over-allotment the securities to the extent permitted
facility: in accordance with applicable law.
In connection with the offer of the above securities, the
Stabilising Manager(s) may over-allot the securities or effect
transactions with a view to supporting the market price of the
securities at a level higher than that which might otherwise
prevail. However, there is no assurance that the Stabilising
Manager(s) will take any stabilisation action and any stabilisation
action, if begun, may be ended at any time. Any stabilisation
action or over-allotment shall be conducted in accordance with all
applicable laws and rules.
This announcement is for information purposes only and does not
constitute an invitation or offer to underwrite, subscribe for or
otherwise acquire or dispose of any securities of the Issuer in any
jurisdiction.
This announcement and the offer of the securities to which it
relates are only addressed to and directed at persons outside the
United Kingdom and persons in the United Kingdom who have
professional experience in matters related to investments or who
are high net worth persons within article 12(5) of the Financial
Services and Markets Act 2000 (Financial Promotion) Order 2005 and
must not be acted on or relied on by other persons in the United
Kingdom10.
In addition, if and to the extent that this announcement is
communicated in, or the offer of the securities to which it relates
is made in, any EEA Member State that has implemented
Directive 2003/71/EC (together with any applicable implementing
measures in any Member State, the "Prospectus Directive") before
the publication of a prospectus in relation to the securities which
has been approved by the competent authority in that Member State
in accordance with the Prospectus Directive (or which has been
approved by a competent authority in another Member State and
notified to the competent authority in that Member State in
accordance with the Prospectus Directive), this announcement and
the offer are only addressed to and directed at persons in that
Member State who are qualified investors within the meaning of the
Prospectus Directive (or who are other persons to whom the offer
may lawfully be addressed) and must not be acted on or relied on by
other persons in that Member State.
This announcement is not an offer of securities for sale into
the United States. The securities have not been, and will not be,
registered under the United States Securities Act of 1933 and may
not be offered or sold in the United States absent registration or
an exemption from registration. There will be no public offer of
securities in the United States.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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