Belfius seeks to amend English law T2 for MREL

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Belfius seeks to amend English law T2 for MREL

Tyler Davies
March 03, 2021 01:00 pm
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DBK0R3 Sign showing logo of the Belgian Belfius bank and assurances in Belgium | Alamy Stock Photo

Belfius Bank is looking to amend the terms and conditions of one of its tier twos so that it can remain eligible for the minimum requirements for own funds and eligible liabilities (MREL). The bond was issued with risk factor language under English law but will now need to be updated to reflect the UK’s departure from the EU.

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Topics

Central and Eastern Europe (CEE)CEE BondsUKSerbiaEMEABank CapitalEuropeEmerging MarketsRegulatory CapitalBelgiumFIGCEE
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Tyler Davies
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