Dutch merchant bank adds to sold out capital protected note
Kempen has launched a second tranche of its VL 95% Index Garantie Note (IGN) Netherlands 18-23 . The five-year note participates 100% in the AEX-index and has exactly the same terms as the original product , including keeping July 6, 2018, when the index closed at 553.62 points, as the strike date. Parent company Van Lanschot is again the issuing party for the product, which is subject to an overall minimum capital return of 95% and a cap of 120%. The first tranche – listed for an issued