Company: INGVF
Filing Date: 2025-03-18
Form Type: 424B5
Source: 0001193125-25-056511
Chunk: 2

Company: ING GROEP NV
Filing Date: 2025-03-18
Form: 424B5
Chunk 2
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ases to be calculated or administered for publication, the Issuer may select a SOFR Benchmark Replacement (as defined herein) and the manner in which the Floating Interest Rate (as defined herein) on the notes is calculated or determined may be varied, as described in this prospectus supplement. See “Description of Notes — SOFR Discontinuation.” The notes will be the Issuer’s unsecured and unsubordinated obligations, ranking pari passuwithout any preference among themselves and equally with all of the Issuer’s other unsecured and unsubordinated obligations from time to time outstanding, save as otherwise provided by law. The Issuer may, at its option, redeem in whole, but not in part, (i) the 2029 notes on the 2029 notes Call Date, (ii) the 2031 notes on the 2031 notes Call Date, (iii) the 2036 notes on the 2036 notes Call Date and (iv) the floating rate notes on , 2028 (the “ floating rate notes Call Date” and, together with the fixed-to-floatingrate notes Call Dates, the “ Call Dates”), in each case at 100% of their respective principal amount, plus accrued and unpaid interest to the redemption date (including Additional Amounts (as defined herein), if any). In addition, the Issuer may, at its option, also redeem each series of notes (i) at any time if at least 75% of the aggregate principal amount of such series of notes issued has been redeemed or purchased and cancelled, in each case at 100% of their respective principal amount, plus accrued and unpaid interest to the redemption date (including Additional Amounts (as defined herein), if any), (ii) in certain circumstances where Additional Amounts would be required to be paid, or (iii) upon the occurrence of a Loss Absorption Disqualification Event (as defined herein, and where such Loss Absorption Disqualification Event is continuing), in each case on the terms described in this prospectus supplement under “Description of Notes — Redemption.” Any redemption or repurchase of the notes is subject to the provisions described under “Description of Notes — Conditions to Redemption, Substitution, Variation and Purchase.” Notwithstanding anything to the contrary in the notes or the Indenture or supplemental indenture with respect thereto, if a Loss Absorption Disqualification Event (as defined below) has occurred and is continuing with respect to any series of the notes then the Issuer may, without any requirement for the consent or approval