Nova KBM
 

The results od the offer for tender/exchange of the hybrid bonds | NKBM

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:

The results od the offer for tender/exchange of the hybrid bonds

5 December 2012
OBVESTILA
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 intends to increase its Core Tier I capital ratio.


The Tender and Exchange Offer relates to the following issues:

1. Floating Rate Perpetual Notes – 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

In accordance with the offer from 13 November 2012, Nova KBM is publishing the results of the mentioned offer in the table.

 

 

TENDER OFFERS

EXCHANGE OFFERS

Existing Notes

ISIN

Aggregate principal amount of Series tendered for purchase

Aggregate principal amount of Series accepted for purchase

Aggregate principal amount of Series offered for exchange

Aggregate principal amount of Series accepted for exchange

Existing Floating Rate Perpetual Notes

XS0270427163

€7,000,000

€7,000,000

€22,650,000

€22,650,000

Existing Perpetual LPNs

XS0325446903

€26,075,000

€26,075,000

€42,269,000

€42,269,000



Nova KBM will accept the offer subject to approval of the Bank of Slovenia. The Settlement Date for the Offers is expected to be on or about 14 December 2012.


This announcement will be published on the Bank's website (www.nkbm.si) from 5 December 2012 onwards.