IFLR1000

ING Bank A$1 billion covered bond issue

1/9/2018
Covered bond issue
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A$ 1 billion

Completed

1/9/2018

Overview:

  • ING Bank has issued A$1 billion in covered bonds—A$400 million floating rate covered bonds due 2021 and A$600 million fixed rate covered bonds due 2023.
  • The bonds were the inaugural issuances under ING Bank's A$7.5 billion covered bond programme.

Adam Majeed - Asia editor

Jurisdiction:

Australia

Deal type:

Covered bond issue

Practice area:

Capital markets : Debt

Industry sector:

Banking

Firm:
Allen & Overy

Party: ING Bank (Issuer)

Lawyer: Karolina Popic

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