Ing Groep N.V. (ING) has released an update.
ING Groep N.V. has entered into an underwriting agreement for the sale of $1.5 billion in Callable Fixed-to-Floating Rate Senior Notes due 2030 and 2035, engaging major financial institutions as underwriters. These securities are set to be publicly offered following the execution and delivery of the agreement, under an already filed registration statement with the SEC. The issuance will be under the terms of a supplemental indenture to the company’s existing Senior Debt Securities Indenture.
For further insights into ING stock, check out TipRanks’ Stock Analysis page.
