USD 1 billion issue
Nederlandse Waterschapsbank (NWB Bank) has launched a USD 1 billion issue. The lead managers are Bank of America Merrill Lynch, J.P. Morgan, RBC Capital Markets. NWB Bank is a AAA/Aaa rated public sector bank.
The bond, which was issued under the EUR 40 billion EMTN programme, will be repaid in full on 17 February 2012. The settlement date is 20 January 2010.
The coupon is 1.375% and the re-offer price is 99.927%. The bonds will be listed on the Luxembourg Stock Exchange.
The Hague, 14 January 2010
