Published: 8.00 CEST
31 May 2023, Van Lanschot Kempen successfully issued a €500 million 3 year Soft Bullet Covered Bond with a 3.5% fixed coupon. The deal had a final order book of €2 billion and was placed with a broad range of European institutional investors.
The transaction further strengthens and diversifies Van Lanschot Kempen’s funding profile. The bonds are rated AAA by Standard & Poor’s.
Van Lanschot Kempen’s Soft Bullet Covered Bond Programme is Dutch law-based and backed by a pool of Dutch residential mortgage loans. It is registered with De Nederlandsche Bank and is both UCITS-compliant and CRD-compliant.
Van Lanschot Kempen mandated BNP Paribas, DZ Bank, ING, LBBW and Rabobank as Joint Lead Managers for this transaction.
Media Relations: +31 20 354 45 85; mediarelations@vanlanschotkempen.com
Investor Relations: +31 20 354 45 90; investorrelations@vanlanschotkempen.com
Van Lanschot Kempen successfully issued €500 million Soft Bullet Covered Bond (pdf)