Original announcement entitled "Danske Bank issues new supplementary capital in
Swedish kronor".
December 16, 2004
Stock Exchange Announcement No. 23/2004
Danske Bank has decided to issue a bond loan of Swedish kronor 750 million as supplementary capital. The loan will be issued in the European bond market and listed on the Luxembourg Stock Exchange.
The bond loan will be issued on 22 December 2004 and matures on 22 December 2013. The coupon prevailing until 22 December 2010 has been fixed at three-month STIBOR plus a margin of 0.335 percentage points and the issue price has been fixed at par.
From 22 December 2010, the coupon will be fixed at three-month STIBOR plus a margin of 1.835 percentage points. At the same time the Bank may call the issue at par.
The bonds are issued as part of the refinancing of the Bank's supplementary capital.
Swedish kronor".
December 16, 2004
Stock Exchange Announcement No. 23/2004
Danske Bank has decided to issue a bond loan of Swedish kronor 750 million as supplementary capital. The loan will be issued in the European bond market and listed on the Luxembourg Stock Exchange.
The bond loan will be issued on 22 December 2004 and matures on 22 December 2013. The coupon prevailing until 22 December 2010 has been fixed at three-month STIBOR plus a margin of 0.335 percentage points and the issue price has been fixed at par.
From 22 December 2010, the coupon will be fixed at three-month STIBOR plus a margin of 1.835 percentage points. At the same time the Bank may call the issue at par.
The bonds are issued as part of the refinancing of the Bank's supplementary capital.