ASR Nederland NV has successfully issued restricted Tier 1 capital notes worth €200 million.
The issue was priced at 103.405%, corresponding to a 4.125% semiannual yield.
The company also started a consent solicitation asking for approval from holders of its existing restricted Tier 1 capital notes to make the new issue fungible with the existing issue. If the consent passes, the new issue will bring the original issue to a notional size of €500 million from €300 million.
