NLB: successful new issue of 12-month commercial paper of Poslovni sistem Mercator d.d. with a total nominal value of EUR 200 million under designation MEL10

Ljubljana, Slovenia, 15-Jun-2016 — /EuropaWire/ — Following receipt of all payments from investors and the registration of commercial paper with central securities clearance corporation KDD on 6 June 2016, NLB successfully concluded the new issue of 12-month commercial paper of Poslovni sistem Mercator d.d. with a total nominal value of EUR 200 million under designation MEL10. The commercial paper will be listed for trading on the Ljubljana stock exchange.

The reason for issuing the commercial paper is to manage liquidity, finance operating capital and diversify the sources of funding of the Mercator Group. Mercator commercial paper, which has a first interest date of 6 June 2016 and a due date of 5 June 2017, has the lowest interest rate to date: just 1.75% per annum.

The high level of interest from institutional and private investors, which exceeded the final or target value of the commercial paper issue by 90%, indicates confidence in the competitiveness of the Mercator Group’s operations and the continued successful realisation of its strategy.

Following an issue of commercial paper in June 2015, NLB has now for the second time successfully organised the issue of 12-month commercial paper for Mercator and, as the leading financial institution in Slovenia, continues to provide the Mercator Group with a combination of credit financing and alternative financing.

NLB Corporate Communications

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