Belfius €500m callable Tier 1 issue eight times oversubscribed
Belfius has launched a €500m inaugural Perpetual Additional Tier 1 bond targeted to institutional investors. The product, which was issued on January 25, bears a semi-annual discretionary non-cumulative coupon of 3.625% until the first call date on April 16, 2025 and includes a temporary write-down loss absorption mechanism. The instruments will be listed at Euronext Brussels.
The full story is only available to registered users and subscribers.
Sign Up now for access to our news and data.Sign Up