Van Lanschot Kempen successfully launched and priced €100 million of Additional Tier 1 notes

    Van Lanschot Kempen successfully launched and priced €100 million of Additional Tier 1 notes    

Amsterdam/’s-Hertogenbosch, the Netherlands, 23 January 2024

On 22 January 2024, Van Lanschot Kempen successfully launched and priced €100 million of Additional Tier 1 (AT1) notes in PerpNC5.7 format with a 8.875% fixed coupon. The notes with ISIN XS2746119952 will be listed on Euronext Amsterdam. The deal was oversubscribed and placed with a broad range of European institutional investors.

Van Lanschot Kempen mandated Morgan Stanley as sole lead manager for this transaction.  

The settlement of these notes is expected to take place on Monday 29 January 2024. Subject to the completion of settlement of these notes, Van Lanschot Kempen intends to call its outstanding AT1 notes with ISIN XS1892756682, which has a first call date of 1 April 2024.

Media Relations             Maud van GaalT [phone] [e-mail]

Investor Relations         Judith van TolT [phone] [e-mail]

About Van Lanschot Kempen NVVan Lanschot Kempen is an independent, specialist wealth manager active in private banking, investment management and investment banking, with the aim of preserving and creating wealth, in a sustainable way, for both its clients and the society of which it is part. Through its long-term focus, it creates positive financial and non-financial value. Listed at Euronext Amsterdam, Van Lanschot Kempen is the Netherlands’ oldest independent financial services company, with a history dating back to 1737.

For more information, please visit vanlanschotkempen.com

Important legal information and cautionary note on forward-looking statementsThis press release may contain forward-looking statements and targets on future events and developments. These forward-looking statements and targets are based on the current insights, information and assumptions of Van Lanschot Kempen’s management about known and unknown risks, developments and uncertainties. Forward-looking statements and targets do not relate strictly to historical or current facts and are subject to such risks, developments and uncertainties which by their very nature fall outside the control of Van Lanschot Kempen and its management. Actual results, performances and circumstances may differ considerably from these forward-looking statements and targets.

Van Lanschot Kempen cautions that forward-looking statements and targets in this press release are only valid on the specific dates on which they are expressed, and accepts no responsibility or obligation to revise or update any information, whether as a result of new information or for any other reason.

This press release does not constitute an offer or solicitation for the sale, purchase or acquisition in any other way or subscription to any financial instrument and is not a recommendation to perform or refrain from performing any action.

Elements of this press release contain information about Van Lanschot Kempen NV within the meaning of Article 7(1) to (4) of EU Regulation No. 596/2014.

In relation to the securities a base prospectus has been drawn up and is expected to be approved by the Dutch Authority for the Financial Markets (AFM). The prospectus and other information will be published on, and can thereafter be obtained from: https://www.vanlanschotkempen.com/en-nl/about-us/investor-relations/debt-investors/library

This press release is a translation of the Dutch language original and is provided as a courtesy only. In the event of any disparities, the Dutch language version will prevail. No rights can be derived from any translation thereof.

Attachment

• Van Lanschot Kempen_press release_AT1 notes