EUR 1 billion 7y benchmark bond issue

NWB Bank has decided to issue a 7-year EUR 1,000,000,000 benchmark with Reg S format. The joint lead managers are HSBC, J.P. Morgan, Morgan Stanley and Nomura. NWB Bank is an AAA (stable outlook)/Aaa (stable outlook) rated national promotional bank.

The bond, which will be issued under the NWB Bank’s €60,000,000,000 Debt Issuance Program, will be repaid full on 16 November 2026. The settlement date is 14 November 2019. The coupon is 0% payable annually and the re-offer price is 100.675%. The notes will be listed on the Luxembourg Stock Exchange.

Nederlandse Waterschapsbank N.V., Rooseveltplantsoen 3, NL-2517 KR The Hague, the Netherlands.

Media relations: Simon Zwagemakers, t +31 70 4166259 / +31 6 57457906 e

NWB Bank is a national promotional bank, which aims to keep the financing costs for the public sector as low as possible. The bank primarily serves local and regional authorities (water authorities, municipalities and provinces), as well as institutions guaranteed by the government or local and regional authorities, such as housing associations and health care institutions. Its AAA/Aaa ratings and financial expertise allow the bank to actively respond to the needs of its clients, allowing the latter in turn to fulfil their role in society in the Netherlands to the fullest extent possible. As a significant bank, NWB Bank is supervised by the European Central Bank (ECB).