Fixed Income
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Bonds
Nova Ljubljanska banka d.d., Ljubljana’s (hereinafter: NLB) is the issuer of the following outstanding bonds.
| Type of the Bond | Ticker | ISIN code | Issue Date | Maturity | Interest Rate | Nominal Value | Listing |
| Subordinated Tier 2 Notes | XS2113139195 | 5 February 2020 | 5 February 2030(i) | 3.40% p.a. (iv) | EUR 120,000,000 (as of 26 January 2024: EUR 10,500,000(x)) | Luxembourg Stock Exchange, Euro MTF | |
| Subordinated Additional Tier 1 Notes | NLB28 | SI0022104275 | 23 September 2022 | Notes are perpetual and have no scheduled maturity date (i) | 9.721% p.a. (vi) | EUR 82,000,000 | Luxembourg Stock Exchange, Euro MTF |
| Subordinated Tier 2 Notes | 11/28/32 | XS2413677464 | 28 November 2022 | 28 November 2032(i) | 10.750% p.a. (vii) | EUR 225,000,000 | Luxembourg Stock Exchange, Euro MTF |
| Senior Preferred Notes (green) | 06/27/27 | XS2641055012 | 27 June 2023 | 27 June 2027(i) | 7.125% p.a. (viii) | EUR 500,000,000 | Luxembourg Stock Exchange, Regulated Market |
| Subordinated Tier 2 Notes |
| XS2750306511 | 24 January 2024 | 24 January 2034(i) | 6.875% p.a. (ix) | EUR 300,000,000 | Luxembourg Stock Exchange, Regulated Market |
| Senior Preferred Notes |
| XS2825558328
| 29 May 2024 | 29 May 2030 | 4.500% p.a. (xi) | EUR 500,000,000 | Luxembourg Stock Exchange, Regulated Market |
(i) The bond has a call option which can be exercised by the NLB.
(iv) Interest rate means annual interest rate, which amounts to:
(a) before 5 February 2025 (however excluding 5 February 2025), 3.40%;
(b) from and including 5 February 2025 the sum of reference interest rate (5y MS), applicable on interest rate determination date, and margin of 3.658%.
(vi) Interest rate means annual interest rate, which amounts to:
(a) for the period till 23 March 2028 (however excluding 23 March 2028), 9.721% p.a.;
(b) for each subsequent 5 years' period for as long as the notes remain outstanding, the interest rate shall be determined as the sum of reference interest rate (5y MS), applicable on interest rate determination date, and a margin of 7.20%.
(vii) Interest rate means annual interest rate, which amounts to:
(a) for the period from 28 November 2022 to 28 November 2027 (however excluding 28 November 2027), 10.750% p.a.;
(b) for the period from and including 28 November 2027 to but excluding 28 November 2032 the sum of reference rate (5y MS), applicable on the reset determination date, and margin of 8.298% p.a.
(viii) Interest rate means annual interest rate, which amounts to:
(a) for the period from 27 June 2023 to 27 June 2026 (however excluding 27 June 2026), 7.125% p.a.;
(b) for the period from and including 27 June 2026 to but excluding 27 June 2027 the sum of reference rate (1y MS), applicable on the reset determination date, and margin of 3.606% p.a.
(ix) Interest rate means annual interest rate, which amounts to:
(a) for the period from 24 January 2024 to 24 January 2029 (however excluding 24 January 2029), 6.875% p.a.;
(b) for the period from and including 24 January 2029 to but excluding 24 January 2034 the sum of reference rate (5y MS), applicable on the reset determination date, and margin of 4.230% p.a.
(x) Further information available on: https://www.nlb.si/investor-news-24-01-2024.
(xi) Interest rate means annual interest rate, which amounts to:
(a) for the period from 29 May 2024 to 29 May 2029 (however excluding 29 May 2029), 4.500% p.a.;
(b) for the period from and including 29 May 2029 to but excluding 29 May 2030 the sum of reference rate (1y MS), applicable on the reset determination date, and margin of 1.650% p.a.
List of issued debt instruments ranking in points 8., 9. or 10. of the second paragraph of the Article 230 of the Resolution and Compulsory Winding-Up of Banks Act
Pursuant to the sixth paragraph of the Article 230 of the Resolution and Compulsory Winding-Up of Banks Act (Official Gazette of the Republic of Slovenia, No. 92/21, as amended; ZRPPB-1), NLB publishes the following list of issued debt instruments that rank in items 8., 9. or 10. of the second paragraph of the Article 230 of ZRPPB-1:
| Security code of debt instrument issuance | Amount of Issuer’s total obligations pertaining to the issuance | Total number of debt instruments issued | Issuance date of debt instruments | Maturity date for obligations under the debt instruments | Ranking of payment for obligations under the issuance in case of wind-up procedure in consideration of the priority of payments determined in second and fourth paragraph of the Article 230 of the ZRPPB-1 | |
| 1. | NOVALJ 3.4 02/05/30 (ISIN XS2113139195) | EUR 120 million and interest (as of 26 January 2024: EUR 10.5 million and interest(i)) | 1200 denominations (as of 26 January 2024: 105(i)) | 5 February 2020 | 5 February 2030* | Point 10 of the second paragraph; Point 2 of the fourth paragraph
|
| 2. | NLB28 (ISIN SI0022104275) | EUR 82 million and interest | 410 denominations | 23 September 2022 | Notes are perpetual and have no scheduled maturity date* | Point 10 of the second paragraph; Point 3 of the fourth paragraph |
| 3. | NOVALJ 10 3/4 11/28/32 (ISIN XS2413677464) | EUR 225 million and interest | 2250 denominations | 28 November 2022 | 28 November 2032* | Point 10 of the second paragraph; Point 2 of the fourth paragraph |
| 4. | NOVALJ 7 1/8 06/27/27 (ISIN XS2641055012) | EUR 500 million and interest | 5000 denominations | 27 June 2023 | 27 June 2027* | Point 8 of the second paragraph |
| 5. | NOVALJ 6 7/8 01/24/34 (ISIN XS2750306511) | EUR 300 million and interest | 3000 denominations | 24 January 2024 | 24 January 2034* | Point 10 of the second paragraph; Point 2 of the fourth paragraph |
| 6. | NOVALJ 4 1/2 05/29/30 (ISIN XS2825558328) | EUR 500 million and interest | 5000 denominations | 29 May 2024 | 29 May 2030* | Point 8 of the second paragraph
|
* The bond has a call option which can be exercised by NLB.
(i) Further information available on: https://www.nlb.si/investor-news-24-01-2024.
30 September 2024
NLB Group: 158.0 EUR
Valerija Pešec
Head of Investor Relations
T: + 386 1 476 9122
E: valerija.pesec@nlb.si
Investor Relations
E: IR@nlb.si
Peter Jenčič
Investor Relations
T: +386 1 476 2620
E: peter.jencic@nlb.si