Euroclear Investments completes successful issuance of €350 million corporate hybrid bond

Brussels and Luxemburg, 17 June 2021 - Euroclear Investments SA, a group holding company, today announces that it has successfully completed the launch of a new corporate hybrid bond.

The €350 million, 30-year issuance has a first call date at year 10 and is rated A+/A by Fitch and Standard and Poor's. As an issuer, Euroclear Investments SA is rated AA-/AA.

The transaction, which is the first by Euroclear Investments since 2018, generated strong demand and was more than nine times oversubscribed. Placement was made across a broad range of qualified investors. The coupon was priced at 1.375%.

The subordinated funding will be used to finance a material portion of the acquisition of MFEX, a global funds platform. The proceeds will be down-streamed to Euroclear SA/NV as Tier1 regulatory capital instruments.

JPMorgan acted as sole structuring agent and global coordinator for the transaction, and was joint lead manager alongside HSBC and Morgan Stanley.

Euroclear group is the financial industry’s trusted provider of post trade services. Euroclear provides settlement, safe-keeping and servicing of domestic and cross- border securities for bonds, equities and derivatives to investment funds. Euroclear is a proven, resilient capital market infrastructure committed to delivering risk-mitigation, automation and efficiency at scale for its global client franchise.

The Euroclear group includes Euroclear Bank - which is rated AA+ by Fitch Ratings and AA by Standard & Poor’s - as well as Euroclear Belgium, Euroclear Finland, Euroclear France, Euroclear Nederland, Euroclear Sweden and Euroclear UK & Ireland. The Euroclear group settled the equivalent of EUR 897 trillion in securities transactions in 2020, representing 276 million domestic and cross-border transactions, and held EUR 32.8 trillion in assets for clients by end 2020.