Commentary & Deal Flow

Crelan Home Loan SCF (ticker: "CRLNCB"), has mandated BNP Paribas, Commerzbank, HSBC, NORD/LB, Santander and Société Générale as Joint Bookrunners to arrange a series of fixed income investor calls, available upon request, commencing today.

An expected € benchmark, 8-year, fixed rate, soft bullet covered bond (100% Belgian Prime residential mortgage) offering will follow, subject to market conditions.

• Issuer: Crelan Home Loan SCF
• Sponsor: Crelan SA
• Expected Issue Rating: Aaa (Moody's)
• Sponsor Ratings: A/A-1 (S&P), A2/P-1 (Moody's)
• Format: Dematerialized, European Covered Bond (Premium) label
• Eligibility: Expected to be CRD 4 compliant, LCR Level 1, and ECB repo eligible
• Investor Presentation & Base Prospectus: https://www.crelan.be/nl/corporate/covered-bonds-emtn-programme
• Rating Information: https://www.crelan.be/nl/particulieren/rating
• Target Market: Manufacturer target market (MIFID II/UK MiFIR product governance) is eligible counterparties and professional clients only (all distribution channels).
• PRIIPs: No EU PRIIPs and no UK PRIIPs KID/CCI product summary has been prepared as not available to retail in EEA and the UK.
• Stabilization: Relevant stabilization regulation, including FCA/ICMA Stabilization, apply.