Important information about Credit Europe Bank N.V. subordinated fixed rate bonds of US$ 150,000,000 maturing on 9 November 2027 (ISIN: XS1706923148)
17/05/2024
Credit Europe Bank N.V. (the "Company" or "CEB") announces its intention to exercise its right to make an early redemption of its outstanding subordinated fixed rate bonds of US$ 150,000,000 maturing on 9 November 2027 (ISIN: XS1706923148) (the "Outstanding Bonds"), in accordance with condition 5(a) (Redemption at Maturity Date or Optional Call Date) of the terms and conditions of the Outstanding Bonds. The ongoing public tender will be followed by the intended redemption on 9 November 2024 (the "Redemption Date") and the redemption amount for each Outstanding Bond shall be the applicable call option amount (being 100.00 per cent. of the nominal amount of the Outstanding Bonds), plus any accrued but unpaid interest. The formal notice will be given to noteholders in line with the terms and conditions of the Outstanding Bonds.
This press release contains inside information within the meaning of Article 7(1) of the EU Market Abuse Regulation (Regulation 596/2014).