-+ 0.00%
-+ 0.00%
-+ 0.00%
ING to Redeem $1.5 Billion of Convertible Securities
Share
Listen to the news
02:36 AM EDT, 09/17/2026 (MT Newswires) -- ING Groep (INGA.AS) plans to fully redeem its $1.5 billion of 5.75% perpetual additional tier 1 contingent convertible capital securities. The lender will redeem the securities on the call date of Nov. 16, according to a Thursday release. The redemption price will be the principal amount of the securities, while accrued and unpaid interest due on the redemption date will be paid to holders of record as of Nov. 13.
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending