USD 1,000,000,000 issue
Nederlandse Waterschapsbank (NWB Bank) has launched a 5-yr USD 1,000,000,000 issue. The lead managers are Bank of America Merill Lynch and Deutsche Bank. 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 March 2015. The settlement date is 17 March 2010.
The coupon is 3.00% and the re-offer price is 99.765%. The bonds will be listed on the Luxembourg Stock Exchange.
The Hague, 11 March 2010
