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BRIEF-ASR Nederland announces plans to issue an inaugural restricted tier 1 capital instrument‍​
October 5, 2017 / 8:13 AM / in 18 days

BRIEF-ASR Nederland announces plans to issue an inaugural restricted tier 1 capital instrument‍​

Oct 5 (Reuters) - ASR NEDERLAND NV:

* ANNOUNCES PLANS TO ISSUE AN INAUGURAL RESTRICTED TIER 1 CAPITAL INSTRUMENT‍​

* INTENTION TO ISSUE EXPECTED EUR 300M PERPETUAL NON-CALL 10 YEAR RESTRICTED TIER 1 CAPITAL INSTRUMENT

* SECURITIES EXPECTED TO BE RATED BB BY S&P AND WILL FEATURE LOSS ABSORPTION IN FORM OF EQUITY CONVERSION Source text: bit.ly/2fTFTFQ Further company coverage: (Gdynia Newsroom)

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