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Off-topic for aiqbench

This story was gathered from a source we follow but falls outside AI and quantum coverage, so there is no aiqbench take for it.

ING to redeem two series of SEC registered Senior Notes

GDELT9 min read

ING announced it will redeem two series of outstanding SEC registered securities: the USD 500 million Callable Floating Rate Senior Notes due 2027 (CUSIP 456837BJ1/ ISIN US456837BJ19) and the USD 1,250 million 6.083% Callable Fixed-to-Floating Rate Senior Notes due 2027 (CUSIP 456837BF9/ ISIN US456837BF96) (together the �Callable Senior Notes�) on their contractual call date of 11 September 2026. The Callable Senior Notes will be redeemed in full in accordance with their terms, with payment to be made on 11 September 2026. The redemption price for the Callable Senior Notes will be the principal amount of the Callable Senior Notes. Accrued and unpaid interest due on the redemption date will be paid in the usual manner to holders of record as of 10 September 2026. The paying agent for the Callable Senior Notes is The Bank of New York Mellon, London Branch 160 Queen Victoria Street London EC4V 4LA United Kingdom. Any future decisions by ING as to whether it will exercise (or cause to be exercised) calls in respect of some or all of any series…

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