- Key figures
- Share information
- Results & Interim Accounts
- Annual Reports
- SEC filings
- Shareholders' meeting
- Fixed income information
- Analyst Coverage
- Investor Relations Contacts
Debt securities ING Groep N.V.
ING Groep N.V. has issued several hybrid securities to strengthen its capital base, or that of the Bank. These hybrid securities are perpetual fixed income securities with callability features, structurally subordinated to the senior debt instruments issued by ING Groep N.V.
Due to the characteristics of these securities ING Groep N.V. is allowed to include hybrid securities in its capital for regulatory purposes. Hybrid securities form an asset class in seniority and risk profile between equity and senior debt. The first column in the table below contains the terms and conditions per security.
Overview per hybrid security
|Date of issuance||Coupon||Initial Amount||Amount after tender||first call date||called on||Listed on|
|15 Dec, 2000||4.06965%*||$1,500,000,000||$522,210,000||31 Dec, 2010||Notice of Redemption||Luxembourg Stock Exchange|
|19 Jun, 2003||1.03%*||€750,000,000||€431,755,500||30 Jun, 2013||Euronext-Amsterdam, Euronext-Brussels|
|28 Oct, 2003||6.20%||$500,000,000||15 Jan, 2009||Notice of Redemption||NYSE|
|16 Jun, 2004||0.63%*||€1,000,000,000||€562,613,500||30 Jun, 2014||Euronext-Amsterdam, Euronext-Brussels|
|26 Sep, 2005||6.125%||$700,000,000||15 Jan, 2011||NYSE|
|13 Jun, 2007||6.375%||$1,045,000,000||15 Jun, 2012||NYSE|
|16 Apr, 2015||6.000% (reset after the first call date)||$1,000,000,000||16 Apr, 2020||GEM of Irish Stock Exchange|
|16 Apr, 2015||6.500% (reset after the first call date)||$1,250,000,000||16 Apr, 2025||GEM of Irish Stock Exchange|
|21 Nov, 2016||6.875% (reset after the first call date)||$1,000,000,000||16 Apr, 2022||GEM of Irish Stock Exchange|
|*coupon period: '29 September 2017 - 29 December 2017'|
From 19 August 2009 European hybrid securities will be issued under the EUR 55 billion Debt Issuance Programme. Please click directly hereunder for the most recent base prospectus, the registration document and the supplements. Earlier versions are also available through this link.