Issuer:
|
ING Groep N.V. | |
Securities:
|
7.375% ING Perpetual Hybrid Capital Securities | |
Expected Ratings:
|
A1 / A (Stable/Stable) | |
Format:
|
SEC Registered (Global) | |
Size:
|
US$1,500,000,000 | |
Greenshoe Option:
|
No | |
Trade date:
|
September 27, 2007 | |
Maturity:
|
Perpetual | |
Settlement:
|
October 4, 2007 (T+5) | |
Price to public:
|
US$25 (per security plus accrued interest if any from October 4, 2007) | |
Coupon:
|
7.375% per annum from October 4, 2007 | |
Interest payment dates:
|
January 15, April 15, July 15 and October 15 of each year beginning January 15, 2008, unless the issuer’s obligation to pay some or all of the interest otherwise payable is deferred | |
Record dates:
|
15 days before the interest payment date whether or not a business day | |
Regular optional first call:
|
On October 15, 2012 or any interest payment date thereafter in whole but not in part at par plus outstanding amounts | |
| Early redemption due to tax and regulatory events (see preliminary prospectus for information on early redemption events) | ||
Denoms:
|
US$25, per hybrid capital security, and integral multiples thereof | |
Joint bookrunners:
|
Citi and Wachovia Securities | |
Joint lead manager:
|
ING Financial Markets | |
Co-managers:
|
Merrill Lynch & Co, Morgan Stanley, UBS Investment Bank, Banc of America Securities LLC, RBC Capital Markets, ABN AMRO Incorporated, A.G. Edwards, JPMorgan, Lehman Brothers | |
Listing:
|
New York Stock Exchange | |
Cusip:
|
456837707 | |
ISIN:
|
US4568377075 |