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ING Groep N.V. Message Board

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  • okjustthefacts okjustthefacts Feb 19, 2009 8:48 AM Flag

    Preferred Dividends Not Affected

    well investor relations is pretty quick to answer email (less than 18 hrs)
    regarding my question I had emailed in:

    "If ING would not pay the coupon, ING would give specific notice. Please consult the prospectus for the security you mentioned for more details on the deferral notice terms and conditions. A link to this information is below."

    I have read the prospectus (many many times) and feel that dividends are safe at this point
    plus I really feel the sell off of IGK, ISF etc were based on the perception that a payment would not be made (sooner) ~ but I'm sure if they stated payment were not coming we'd be seeing a much larger drop.

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