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sur KBC (EBR:KBC)

KBC Group Launches Capped Cash Tender Offer and Plans New Issuance of AT1 Securities

Graphique de l'évolution du cours de l'action KBC (EBR:KBC).

KBC Group NV has announced the initiation of a capped tender offer for its €1,000,000,000 Undated Deeply Subordinated Additional Tier 1 Fixed Rate Resettable Callable Securities. Holders of these securities can access detailed information via the launch announcement link.

The company also plans to issue new Undated Deeply Subordinated Additional Tier 1 Fixed Rate Resettable Callable Securities, conditional on market conditions. The capped tender offer's maximum acceptance amount will match the aggregate principal amount of the new securities. CEO Johan Thijs highlighted the aim to leverage favorable market conditions to manage AT1 securities proactively.

KBC Group is a robust and well-capitalized European financial institution, boasting a 15.1% fully loaded common equity tier-1 ratio as of Q2 2024. The group remains focused on delivering bank-insurance solutions to retail, SME, and mid-cap clients in Belgium, the Czech Republic, Slovakia, Hungary, and Bulgaria.

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