EUR 1,500,000,000 benchmark issue
Nederlandse Waterschapsbank (NWB Bank) has launched a 5-yr EUR 1,500,000,000 issue. The lead managers are BNP Paribas, Credit Suisse and Deutsche Bank. NWB Bank is a AAA/Aaa rated public sector bank.
The bond, which was issued under the EUR 50 billion EMTN programme, will be repaid in full on 4 June 2015. The settlement date is 4 June 2010.
The coupon is 2.375% and the re-offer price is 99.893%. The bonds will be listed on the Luxembourg Stock Exchange.
The Hague, 28 May 2010
