In total, 50 notes will be issued having the aggregate nominal amount of EUR 45m.
Following up on NLB’s invitation to subscribe subordinated Tier 2 notes, the company published a document in which they announced the final offering price and quantity of subordinated debt.
According to the report, the final offering price for the notes is equal to 99.10% of their nominal amount and amounts to of EUR 99,100 per note. The company notes that in total 50 notes will be issued having the aggregate nominal amount of EUR 45m. As a reminder, in the invitation, NLB stated that the nominal value of the subordinate Tier 2 notes issue would be up to EUR 75m.
To read more about the issuance of Tier 2 click here.