Bond Van Lanschot Kempen 2.875% ( XS0842560640 ) in EUR

Issuer	Van Lanschot Kempen
Market price	100 % ⇌
Country	Netherlands
ISIN code	XS0842560640 ( in EUR )
Interest rate	2.875% per year ( payment 1 time a year)
Maturity	17/10/2016 - Bond has expired
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Minimal amount	100 000 EUR
Total amount	500 000 000 EUR
Detailed description	Van Lanschot Kempen is a Dutch wealth management company offering private banking, asset management, and corporate finance services. This financial article details a specific fixed-income instrument that has concluded its term. The bond, identified by the ISIN code XS0842560640, was issued by Van Lanschot, a distinguished private bank headquartered in the Netherlands, renowned for its long-standing expertise in wealth management and financial services. This security carried a fixed interest rate of 2.875% per annum, with interest payments distributed annually. Denominated in Euros, the total size of the initial issue amounted to EUR 500,000,000, structured with a minimum lot size for acquisition of EUR 100,000, primarily catering to institutional investors or high-net-worth individuals. The bond reached its maturity on October 17, 2016, and its market price at the point of redemption was 100% of its par value, indicating a full and timely repayment of the principal. This bond has now officially matured and has been fully redeemed by the issuer, fulfilling its obligations to bondholders.