The BANK of Greenland has issued DKK 50 million Senior Non-Preferred
October 13 2021 - 11:59AM
The BANK of Greenland has issued DKK 50 million Senior
Non-Preferred
To Nasdaq OMX Copenhagen13 October 2021Company announcement no.
15/2021
The BANK of Greenland has issued DKK 50 million Senior
Non-Preferred
Referring to company announcement no. 14/2021 dated 4 October
2021, it is announced that as part of the ongoing process to
optimize the capital structure, The BANK of Greenland has issued
DKK 50 million Senior Non-Preferred.
The bonds have a maturity of five years with a possibility to
call after four years and any time thereafter subject to approval
by the Danish Financial Supervisory Authority (Finanstilsynet). The
bonds have a fixed coupon rate of 1.859% in the first four years,
and thereafter a floating rate. The bonds are issued with ISIN no.
DK0030494778.
Senior Non-Preferred is an instrument that is designed to meet
the MREL requirement which will be further phased in over the
coming years.
Nykredit Bank A/S is the sole lead manager of the issue.
Best regardsThe BANK of Greenland
Contact: General Manager Martin Kviesgaard, tel.: +299 34 7802 /
mail: mbk@banken.gl
- 15.SNP udstedelse 2021-10-13_ENG
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