NIBC issues new senior unsecured bond

Press Release -

NIBC Bank has today successfully issued a new CHF denominated senior unsecured bond for an amount of CHF 150,000,000, with a term of 3 years and 10 months, and a coupon of 3%.

The bonds are listed on SIX Swiss Exchange and were placed with a broad group of Swiss investors. Following the NOK transaction in December of last year, this transaction further strengthens NIBC's funding profile and increases the funding diversification.

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