Commentary & Deal Flow

Argenta Spaarbank SA/NV (ticker: "ARGSPA") has mandated ABN AMRO, BNP Paribas, LBBW and NORD/LB as Joint Bookrunners to lead manage a potential benchmark transaction, subject to market conditions.

An expected € benchmark 6-year fixed rate green soft bullet Belgian Mortgage Pandbrieven offering will follow. The notes will be Dematerialized, labelled European Covered Bond (Premium) and are expected to be rated AAA by S&P. The notes are also expected to be CRR Art. 129 and ECBC Covered Bond label compliant as well as LCR Level 1 and ECB repo eligible.

• Manufacturer target market (MIFID II/UK MiFIR product governance): eligible counterparties and professional clients only (all distribution channels).
• PRIIPs/KID: No EU PRIIPs or UK PRIIPs key information document (KID) has been prepared as not available to retail in EEA and the UK.