THE HAGUE, The Netherlands, November 28 /PRNewswire/ -- The Dutch Ministry of Finance has approved NIBC's application to participate in the Credit Guarantee Scheme of the State of the Netherlands.
The Dutch State will guarantee the EUR 1 billion debt issue by NIBC Bank.
NIBC Bank will issue under its European Medium Term Note programme in December 2008 to (inter)national investors.
The Dutch Credit Guarantee Scheme is expected to restore the funding of financial institutions and is an important stimulus to restore confidence in the financial sector.
Profile of NIBC Bank N.V.
NIBC is a Dutch merchant bank that offers integrated solutions to mid-cap clients in the Benelux and Germany through a combination of advising, financing and co-investing. The bank is also a meaningful player in a select number of clearly defined asset financing classes. It employs its expertise to provide asset financing in sectors such as leveraged finance, oil & gas services, infrastructure, and real estate. NIBC Bank has offices in The Hague, Brussels, Frankfurt, London and Singapore.
Please visit http://www.nibc.com for more information.
SOURCE NIBC Bank N.V.
For further information: For more information, please contact: Press Relations: +31(0)70-342-56-25, Debt Investor Relations: +31(0)70-342-98-24, E-mail: info@nibc.com
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