NLB d.d. Eyes EUR 500 Million Senior Notes Issuance

Nova Ljubljanska Banka dd (GB:NLB) has released an update.

Nova Ljubljanska Banka (NLB d.d.) is planning to issue senior preferred notes worth EUR 500 million with a 6-year maturity, which are callable after 5 years. The bank has appointed an international syndicate of financial institutions as Joint Lead-Managers to conduct meetings with fixed-income investors. The issuance aims to support the bank’s capital requirements and will target professional clients and eligible counterparties outside the U.S.

For further insights into GB:NLB stock, check out TipRanks’ Stock Analysis page.