Van Lanschot has today issued unsecured bonds for an amount of 400 million with a term of three years and maturing on 2 April 2013. The bonds have a coupon of 3.5%. This loan, targeted at institutional investors, was issued as part of Van Lanschot's normal funding activities. Van Lanschot's funding ratio remains strong at around 80%.
The bonds are listed on Euronext Amsterdam. The bonds will be settled on 29 March 2010.
The lead managers on this transaction are BNP Paribas and Rabobank International.
This press release is for information purposes only and should not be regarded as an opinion or recommendation, offer or invitation concerning the purchase or sale of shares or other securities issued by Van Lanschot NV or F. van Lanschot Bankiers NV. For the terms and conditions of the issued notes, please refer to the terms and conditions of the Debt Issuance Programme of F. van Lanschot Bankiers NV, which can be found on Van Lanschot's website, www.vanlanschot.nl.
's-Hertogenbosch, The Netherlands, 22 March 2010
Van Lanschot Media Relations: Etienne te Brake, Corporate Communication spokesperson
Telephone +31 (0)73 548 30 26; mobile +31 (0)6 12 505 110; e-mail firstname.lastname@example.org
Van Lanschot Investor Relations: Geraldine Bakker-Grier, Investor Relations Manager
Telephone +31 (0)73 548 33 50; mobile +31 (0)6 13 976 401; e-mail email@example.com
Van Lanschot NV is the holding company of F. van Lanschot Bankiers NV, the oldest independent bank in the Netherlands with a history dating back to 1737. Van Lanschot focuses on three target groups: high net-worth individuals, medium-sized businesses (including family businesses) and institutional investors. Van Lanschot stands for high-quality services founded on integrated advice, personal service and customised solutions. Van Lanschot NV is listed on the Euronext Amsterdam Stock Market.
The press release can be downloaded from the following link: