On the Closing Date (and from time to time thereafter), Belgian Lion, acting through its compartment Belgian Lion SME IV (the Issuer), purchases Belgian SME loans from ING Belgium NV/SA. The Issuer finances the initial purchase through the issuance of Class A1, A2, A3, B and C Notes. Further information can be found in the Prospectus.
| Class A1 | Class A2 | Class A3 | Class B | Class C | |
| Principal amount | 600.000.000,00 EUR | 1.000.000.000,00 EUR | 5.397.500.000,00 EUR | 3.121.750.000,00 EUR | 400.000.000,00 EUR |
| Issue Price | 100% | 100% | 100% | ||
| Credit Enhancement (provided by other Classes of Notes subordinated to the relevant Class) | Subordination of Class B and Class C Notes | Subordination of Class B and Class C Notes | Subordination of Class B and Class C Notes | Subordination of Class C Notes | Nil |
| Interest Rate | 3M EURIBOR + 65bp | 3M EURIBOR + 70bp | 3,75% | 3,80% | 3,90% |
| Interest Accrual | Act/360 | ||||
| Quarterly Payment Dates | Interest will be payable quarterly in arrears on the 26th day of February, May, August and November of each year (or the first following Business Day if such day is not a Business Day), commencing on the Quarterly Payment Date falling on February 2023 | ||||
| Principal payments | No scheduled amortisation. On the Quarterly Payment Date falling in February 2026 (the Revolving Period End Date) and on any Quarterly Payment Date thereafter, full sequential amortisation of the Notes (in order of seniority whereby, as far as Class A Notes are concerned, prior to enforcement, redemption of the Class A3 Notes will be subordinated to redemption of the Class A2 Notes and redemption of the Class A2 Notes will be subordinated to redemption of the Class A1 Notes) based on the Principal Available Amount. Prior to the Revolving Period End Date, the Issuer has the option (but not the obligation, save as provided in Condition (b)) to apply Principal Available Amount on each Quarterly Payment Date towards redemption of the Notes in accordance with the Principal Priority of Payments. | ||||
| Prepayments | Notes may be subject to voluntary and mandatory prepayment on any Quarterly Payment Date as described herein, with prepayments applied to the Notes in sequential order starting with the most senior Class of Notes then outstanding. | ||||
| Listing | Application has been made to Euronext Brussels for the Class A Notes to be admitted to the official list for trading on its regulated market. | Not listed | Not listed | ||
| Rating | Fitch Moody's | Not rated | Not rated | ||
| Closing Date | 4 November 2022 | 4 November 2022 | 4 November 2022 | 4 November 2022 | 4 November 2022 |
| Final Redemption Date | 26 July 2061 | 26 July 2061 | 26 July 2061 | 26 July 2061 | 26 July 2061 |
"}},{"componentType":"sectionTitle","title":"Prospectus & Supplements"},{"componentType":"paragraph","richBody":{"value":""}},{"componentType":"sectionTitle","title":"Investor & Cashflow Reports"},{"componentType":"accordion","accordionList":[{"title":"2026","richBody":{"value":"
Investor reports
Cashflow reports
"}},{"title":"2025","richBody":{"value":"Investor reports
Cashflow reports
Investor reports
Cashflow reports
Investor reports
Cashflow reports
Investor reports
Notes of Belgian Lion N.V. - S.A., institutionele vennootschap voor belegging in schuldvorderingen naar Belgisch recht / société d’investissement en créances institutionnelle de droit belge (Belgian Lion), acting through its Compartment Belgian Lion RMBS I, can only be acquired, held by and transferred to institutional investors or professional investors as described in article 5§3 of the Law of 20 July 2004 on certain types of collective management of investment portfolios, as amended or replaced (Institutional Investors) acting for their own account. Belgian Lion will suspend the payment of dividends or interests in relation to its securities of which it becomes aware that these are held by a person who is not an Institutional Investor acting for its own account.
Holders of securities of Belgian Lion willing to receive (free of charge) all published information by e-mail, should contact our Transaction Management Team at the following address: capital.management@ing.be.
"}}]}}}