Perpetual Capital Securities

In 2004 and 2005, Van Lanschot issued Perpetual Capital Securities for an amount of € 165 and € 150 million respectively.

In October 2011 Van Lanschot has made a combined exchange and tender offer for these outstanding securities. Holders of the  2004  Perpetual Capital Securities could opt for a cash offer of 75% or for an exchange into a new senior unsecured bond (ISIN NL0009706340). Holders of the 2005  Van Lanschot Perpetual Capital Securities could opt for a cash offer of 82.5%.

Following this combined transaction the outstanding 2004 and 2005 perpetual capital securities amounted to € 8 million and € 27 million

The 2004 Perpetual Capital Securities, with ISIN NL0000116374, have been repaid in October 2014. The 2005 Perpetual Capital Securities, with ISIN NL0000117745, have been repaid in December 2015.

Stock Van Lanschot (AEX): LANS More stock exchange information

The Van Lanschot website uses cookies to enhance the way it functions, for session tracking and for logging statistics. If you continue browsing our site, you agree to our use of cookies. Read more about Van Lanschot and cookies.