NIBC Bank N.V. - Tender Offer - Launch

NIBC Bank N.V. announces any and all tender offer on the senior non-preferred notes due 2024 - XS1978668298

09 NOVEMBER 2023

Full announcements, including disclaimers and restrictions available via NIBC Bank N.V.

"NIBC Bank N.V. (the "Issuer") has today launched its invitation to holders of its outstanding EUR 500,000,000 2.000 per cent. Senior Non-Preferred Unsecured Notes due 9 April 2024 (issued in one tranche of EUR 300,000,000 on 9 April 2019 and one tranche of EUR 200,000,000 issued on 10 June 2020, which tranches were then consolidated to form a single series) (ISIN: XS1978668298) (the "Notes") to tender any and all such Notes for purchase by the Issuer for cash (such invitation, the "Offer"). The Offer is being made subject to applicable law and regulation, on the terms and subject to the conditions and the offer and distribution restrictions described in the tender offer memorandum dated 9 November 2023 (the "Tender Offer Memorandum")."

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Summary of the Offer

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"Rationale for the Offer

The Issuer is making the Offer in order to provide liquidity to the holders of the Notes while optimising its funding and liquidity position. The Offer also provides the holders of the Notes with an opportunity to sell their Notes ahead of their maturity date and to receive, at the sole and absolute discretion of the Issuer, priority in the allocation of the New Notes as further described below.

Notes purchased by the Issuer pursuant to the Offer will be cancelled and will not be re-issued or re-sold."

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...(U.S. Toll Free), 1-212-430-3774 (Banks and Brokers)."