ING announced it will redeem USD 1,500 million of 5.750% Perpetual Additional Tier 1 Contingent Convertible Capital Securities on the call date of 16 November 2026, in line with the group's goal to continuously optimise its capital structure. The securities, identified by CUSIP 456837AR4 and ISIN US456837AR44, will be redeemed in full in accordance with their terms, with payment to be made on 16 November 2026. The redemption price will be the principal amount of the Perpetual Capital Securities, and accrued and unpaid interest due on the redemption date will be paid in the usual manner to holders of record as of 13 November 2026. The Bank of New York Mellon, London Branch is the paying agent for the securities. ING said any future decisions on whether to exercise calls on some or all of any series of its then outstanding debt securities will be made on an economic basis, taking into account the interests of all stakeholders, along with prevailing market conditions, regulatory approval and capital requirements.
ING Groep NVING redeems USD 1.5bn perpetual AT1 securities to optimise its capital structure
ING Group NV ADR
