Danske Bank plans bond issue in the Eurodollar market

Announcement No. 14/2012

Danske Bank plans bond issue in the Eurodollar market
During the week starting 10 September 2012, Danske Bank will hold investor meetings in Asia and Europe with a view to issuing tier 2 capital in the form of a US dollar denominated bond loan. The issue is expected to be a benchmark bond loan, that is, of a minimum size of USD 500 million, and will have a maturity of up to 30 years with an option to prepay at par five years after issuance.

The bond loan forms part of Danske Bank’s adjustment of its capital structure to future capital requirements for banks in Europe and is structured so as to comply with the expected criteria for tier 2 capital.

Danske Bank A/S


Contacts:
Contact: Henrik Ramlau-Hansen, Chief Financial Officer, tel. +45 45 14 06 66