Achmea announces intention to issue Restricted Tier 1 Securities
Achmea B.V. has mandated ABN AMRO Bank N.V., Banco Bilbao Vizcaya Argentaria S.A., Barclays Bank Ireland PLC, BNP Paribas, Deutsche Bank Aktiengesellschaft and HSBC Continental Europe, as Joint Bookrunners for an intended issuance of € 300 million perpetual non-call 10yr Restricted Tier 1 securities (Securities), subject to market conditions.
The expected ratings of the forthcoming Securities are BB+ by S&P and BBB by Fitch. The intended issuance is expected in the near future, dependent on market conditions.
Relevant stabilization regulations, including FCA/ICMA stabilization apply. The target market is MiFID II professionals and Eligible Counterparties only (all distribution channels). No EU/UK PRIIPs key information document (KID) has been prepared as these instruments are not available to retail in the EEA and UK. The Securities should not be offered or sold to retail clients (as defined in COBS 3.4) in the UK.
Not for release, publication or distribution in or into or to any person located or resident in the United States of America, its territories and possessions, any state of the United States of America or the district of Columbia (the United States) or in or into any other jurisdiction or to any other person where or to whom it is unlawful to release, publish or distribute this announcement (see "offer and distribution restrictions" below)