NLB plans EUR 400 million notes: NLB stock sits in EUR 214.00-232.00 corridor
Published on 10/15/2026 at 12:52 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSCapital plans and upcoming dates
- NLB decided on October 12, 2026, to issue EUR 400 million of Tier 2 notes.
- The notes carry a 5.232 percent coupon through October 20, 2031, followed by a 1.75 percent margin.
- NLB stock was trading at EUR 222.50 at 12:45 p.m. CEST at Lang & Schwarz on October 15, 2026.
- NLB's third quarter 2026 earnings call is scheduled for November 5, 2026.
NLB (SI0021117344) was trading at EUR 222.50 at Lang & Schwarz on October 15, 2026 at 12:45 p.m. CEST. On October 12, 2026, the bank decided to issue EUR 400 million of subordinated Tier 2 notes, according to the Ljubljana Stock Exchange. The stock's EUR 214.00-232.00 trading corridor provides the immediate market context.
Capital structure gains priority
The planned notes will be issued at par and mature on October 20, 2036, with an issuer call option on October 20, 2031. Their coupon is 5.232 percent through October 20, 2031, after which the rate resets to the applicable reference rate plus a 1.75 percent margin, the Ljubljana Stock Exchange reported.
The issue expands NLB's Tier 2 capital and gives the bank a dated funding milestone. The issue price is 100.00 percent of nominal value, while the notes carry a ten-year maturity.
What changed during 2026?
NLB's recent chronology connects operating growth with expansion and capital management. On August 6, 2026, NLB reported core revenues up 6.00 percent year over year and loan volume in its home region up 12.00 percent year over year, according to the Ljubljana Stock Exchange. On September 18, 2026, the bank announced an agreement to acquire more than 55.00 percent of DBS, according to NLB Group. On October 12, 2026, it announced the EUR 400 million Tier 2 issue.
Which dates come next?
The notes are expected to be issued on October 20, 2026. NLB's third quarter 2026 earnings call is scheduled for November 5, 2026, according to NLB Group.
Stock trades inside its corridor
The Ljubljana Stock Exchange page lists NLB's EUR 214.00 minimum and EUR 232.00 maximum trading safeguards, with a EUR 223.00 dynamic reference price. It also lists EUR 4.5 billion in market capitalization and SBITOP membership, giving investors a local valuation and index frame.
NLB was trading at EUR 222.50 at Lang & Schwarz on October 15, 2026 at 12:45 p.m. CEST.
The further course of trading is shown by the continuously updated real-time quote of NLB stock.
NLB stock key facts
- Company: Nova Ljubljanska banka d.d.
- ISIN: SI0021117344
- Ticker: NLBR
- Primary exchange: Ljubljana Stock Exchange
- Price Lang & Schwarz (as of October 15, 2026, 12:45 p.m. CEST): EUR 222.50
- Market capitalization: EUR 4.5 billion (as of October 15, 2026)
- Sector / Industry: Financial and insurance activities / other monetary intermediation
- Index membership: SBITOP
- Next earnings date: November 5, 2026
Market context: Market report Euro Stoxx 50.
