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21.12.2022 08:00:10
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EQS-News: IKB Deutsche Industriebank AG has announced not to call its 300 million 4.00% Tier 2 Bond, callable on 31 January 2023.
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EQS-News: IKB Deutsche Industriebank AG
/ Key word(s): Bond
IKB Deutsche Industriebank AG has announced not to call its 300 million 4.00% Tier 2 Bond, callable on 31 January 2023.
[Düsseldorf, 21 December 2022] The decision not to call the Tier 2 Bond (ISIN: DE000A2GSG24 the Bond) has been taken after careful evaluation of various factors, including market conditions and economic costs. The Bond will reset to a new fixed coupon being the equivalent of 5-year Euro Mid Swaps plus 3.617% from 31 January 2023 (as per the terms and conditions of the Bond), until the final maturity date on 31 January 2028.
Contact: IKB Deutsche Industriebank AG provides small and mid-size enterprises with loans, capital market services and advisory services.
21.12.2022 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG. |
| Language: | English |
| Company: | IKB Deutsche Industriebank AG |
| Wilhelm-Bötzkes-Straße 1 | |
| 40474 Düsseldorf | |
| Germany | |
| Phone: | +49 (0)211 8221-4511 |
| Fax: | +49 (0)211 8221-2511 |
| E-mail: | investor.relations@ikb.de |
| Internet: | www.ikb.de |
| ISIN: | DE0008063306 |
| WKN: | 806330 |
| Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 1518215 |
| End of News | EQS News Service |
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1518215 21.12.2022 CET/CEST
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