Nova KBM
 

Nova KBM d.d. received the approval from the Bank of Slovenia for the partial buyback of hybrid instruments | NKBM

In accordance with provisions of the Ljubljana Stock Exchange Rules and the Financial Instruments Market Act, Nova KBM d.d., Maribor, hereby gives the following notice:

Nova KBM d.d. received the approval from the Bank of Slovenia for the partial buyback of hybrid instruments

13 December 2012
OBVESTILA
In accordance with provisions of the Ljubljana Stock Exchange Rules and the Financial Instruments Market Act, Nova KBM d.d., Maribor, hereby gives the following notice:
 

In its action plan for the improvement of the capital adequacy Nova KBM d.d. envisaged a partial buyback of subordinated instruments. By buying back the subordinated instruments the Bank will increase its Core Tier I capital ratio.


The Tender and Exchange Offer related to the following issues:
1. Floating Rate Perpetual Note  – issued in the amount of €50 million by ING Bank NV, ISIN: XS0270427163 2. LPN – Loan Participation Note – issued in the amount of  €100 million by Maribor Finance BV, ISIN: XS0325446903


On 12 December 2012 Nova KBM d.d. received the approval of the Bank of Slovenia for the partial buyback of hybrid instruments


This announcement will be published on the Bank's website (www.nkbm.si) from 13 December 2012 onwards.