Eubelius assists SNCB/NMBS with its EUR 1.5 billion EMTN programme

News
11 August 2023

Société Nationale des Chemins de fer Belges (SNCB) / Nationale Maatschappij der Belgische Spoorwegen (NMBS), responsible for public service obligations in relation to rail passenger transport in Belgium, has successfully completed the update of its Euro Medium Term Notes (EMTN) programme for the issuance of notes up to an amount of EUR 1,500,000,000.

The notes under the EMTN programme will be issued by way of private placements to qualified investors, with admission to trading on the Euro MTF market of the Luxembourg Stock Exchange (Bourse de Luxembourg).

Eubelius acted as sole lead counsel to SNCB/NMBS in relation to this update. The Eubelius team members involved in the transaction were Thomas Donnez and Nikolai De Clercq on the capital markets side and Jeroen Delvoie and Steven Declercq on the corporate side.