ING Raises €1.75B In Debt Issue

ING Bank has raised €1.75 billion in a sale of covered bonds.

ING Bank has raised €1.75 billion in a sale of covered bonds, Financial Times reports. The securities are scheduled to mature on Aug. 31, 2021, adds Fox Business. The notes carry a coupon rate of 3.625%. Barclays, BNP Paribas, Deutsche Bank and ING were joint lead managers on the transaction.

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