Utrecht,
21
July
2025
|
08:00
Europe/Amsterdam
ASN Bank announces call of EUR 500 million Subordinated Tier 2 Notes
Summary
Today, ASN Bank N.V. announced that on 5 August 2025 it will exercise the option to redeem its outstanding 1.75% Subordinated Tier 2 Notes issued on 22 July 2020 and maturing on 22 October 2030 (ISIN Code: XS2202902636).
The call is in line with the final terms of the notes, which permit their redemption during the three-month period from 22 July 2025 to 22 October 2025. The notes were issued under the Debt Issuance Programme of ASN Bank N.V. (formerly de Volksbank N.V.) dated 17 October 2019.
On 5 August 2025, the notes will be redeemed at par value, plus any accrued and unpaid interest.
