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NLB to Issue EUR 500 Million in Senior Preferred Notes
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NLB to Issue EUR 500 Million in Senior Preferred Notes

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The latest update is out from Nova Ljubljanska Banka dd ( (DE:N1V2) ).

Nova Ljubljanska Banka d.d. (NLB) is issuing senior preferred notes to meet regulatory requirements for own funds and eligible liabilities. The bank plans to issue EUR 500 million worth of notes with a maturity date in 2029, providing an interest rate of 3.5% per annum. This move demonstrates NLB’s strategy to strengthen its financial position and regulatory compliance, which could enhance its market standing and reassure stakeholders of its financial stability.

More about Nova Ljubljanska Banka dd

YTD Price Performance: 4.80%

Average Trading Volume: 101

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €2.6B

For an in-depth examination of N1V2 stock, go to TipRanks’ Stock Analysis page.

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