Financing ·
ING redeems USD 1,500 million of 5.750% Perpetual Additional Tier 1 Contingent Convertible Capital Securities
INGING Groep NV
ING Groep N.V. announced the redemption of USD 1,500 million in principal amount of its 5.750% Perpetual Additional Tier 1 Contingent Convertible Capital Securities on November 16, 2026. The redemption price equals the principal amount, with accrued and unpaid interest paid to holders of record as of November 13, 2026. This action aligns with ING's objective to continuously optimize its capital structure. Future call decisions will be based on economic factors, market conditions, regulatory approval, and capital requirements. ING is a global financial institution offering retail and wholesale banking services through its operating company, ING Bank.