Nationale-Nederlanden Bank - Hypenn RMBS III €700 million notes issue

9/4/2015
Investment grade bond/note issue, RMBS

€ 700 million

$ 770 million

Completed

9/4/2015


Overview:

  • Nationale-Nederlanden Bank via Hypenn RMBS III has issued €700 million in notes.
  • JPMorgan, ING and Rabobank acted as joint lead managers.
  • This was the first public issuance by NN, which is a public company spun-off from ING Bank as part of ING Bank's disposal of certain key business post-credit crisis.

Wai Yee Tsang - Journalist

Jurisdiction:

Netherlands

Deal types:

Investment grade bond/note issue
RMBS

Practice area:

Capital markets : Structured finance and securitisation

Governing law:

Netherlands

Industry sectors:

Banking
Financial services


Firms:

Party: Nationale-Nederlanden Bank (Originator)


Party: JPMorgan Chase (Joint lead manager)

Party: ING Bank (Joint lead manager)

Party: Rabobank (Joint lead manager)

Lawyer: Mandeep Lotay