Format: Belgian Covered Bonds (Belgische pandbrieven/lettres de gage belges) /European covered bonds (premium)
Size: €750m max
Maturity: 10-Apr-31 (soft bullet)
Extended maturity date: 10-Apr-32
Settlement: 10-Apr-26 (T+6)
Coupon: Fixed, annual, Act/Act (ICMA)
First coupon date: 10-Apr-27
Guidance: MS +28bps area
Form of Notes: Dematerialised Covered Bonds
Target Market: Eligible counterparties and professional investors only (all distribution channels)
Fees: The Banks will be paid a fee by the Issuer in respect of the placement of the securities
Listing: Euronext Brussels
Documentation: Issuer's Euro 17,500,000,000 Residential Mortgage Covered Bonds Programme
Denomination: EUR 100 + EUR 100,000
Governing Law: Belgian law
Clearing: National Bank of Belgium / Securities Settlement System (X/N) offered by the Issuer may only be subscribed, purchased or held by investors in an exempt securities account (X-Account).
Joint Bookrunners: BayernLB, ING, LBBW, Natixis, KBC Bank NV