The Netherlands
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This week the Netherlands took a major step towards becoming the latest European country to introduce a law enabling banks to issue senior non-preferred debt. And earlier this month the UK government closed a consultation for its own law to introduce the instrument. -
Bank Nederlandse Gemeenten went ultra long in the euro market on Wednesday to issue its longest outstanding bond.
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Bank Nederlandse Gemeenten and KfW mandated banks on Tuesday for euro issues at opposite ends of the curve.
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Actiam, the Dutch asset manager, has launched what it believes is the first investment strategy built around the nine planetary boundaries — an attempt to describe the ecological limits within which humans can live sustainably on Earth.
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One of Europe’s major electricity producers, Portugal’s EDP, sold its first green bond on Tuesday, aligning its fundraising with the company’s green principles. Meanwhile, Dutch airport owner and operator Royal Schiphol Group announced plans for its debut green bond. Both followed French vehicle leasing company ALD’s inaugural green bond.
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LeasePlan, the Dutch car leasing company, abruptly pulled its planned €1bn-plus IPO on Thursday as global equity markets plunged into a sea of red.
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Aegon announced a mandate for a restricted tier one (RT1) deal on Tuesday, undeterred by recently pulled tier one trades or the prospect of paying tax on its coupons.
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LeasePlan, the Dutch car leasing company, has launched its IPO on the Amsterdam and Brussels bourses, having filed an intention to float document on Thursday.
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A sale of shares Basic Fit by 3i was greeted warmly by investors on Wednesday night, but fell in trading on Thursday.
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This evening, 3i is selling another chunk of its stake in Basic Fit, the Dutch operator of affordable gyms, via an accelerated bookbuild led Morgan Stanley and ABN Amro.
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Blackstone braved a difficult equity blocks market on Monday night to sell an 8.3% stake in Intertrust, the Amsterdam-based provider of trust and fiduciary services, for €120m.
