EUR 1 billion issue
Nederlandse Waterschapsbank (NWB Bank) has launched a EUR 1 billion issue. The lead managers are Barclays Capital, HSBC and The Royal Bank of Scotland. NWB Bank is a AAA/Aaa rated public sector bank.
The bond, which was issued under the EUR 40 billion EMTN programme, will be repaid in full on 1 February 2017. The settlement date is 14 January 2010.
The coupon is 3.375% and the re-offer price is 99.985%. The bonds will be listed on the Luxembourg Stock Exchange.
The Hague, 8 January 2010
