Benchmark issue EUR 1 billion
Nederlandse Waterschapsbank (NWB) has launched a EUR 1 billion issue. The lead managers are Barclays Capital, Credit Suisse Securities (Europe) Ltd and Deutsche Bank. NWB 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 20 January 2012. The settlement date is 20 January 2009.
The coupon is 3.125% and the re-offer price is 99.749%. The bonds will be listed on the Luxembourg Stock Exchange.
The Hague, 14 January 2009
