Content is loading
Skip to main content

Danske Bank issues structured notes linked to three European stock indices

Announcement No. 1/2013

Danske Bank issues structured notes linked to three European stock indices
Danske Bank has decided to issue structured notes linked to a basket of three European stock indices. The notes are designated “Danske Bank Eurozone Recovery 2016” (ISIN NO0010671761).

The subscription period runs from 25 February to 8 March 2013 (both days included). The issuer may close the subscription before the subscription period expires.

The notes are denominated in Norwegian kroner and bears no interest.

The notes are issued at a price of 102 and will be redeemed at a price determined by the performance of the basket of stock indices.

The redemption price of the notes on expiry will not fall below 90% of the nominal value of the notes.

If the value of the underlying basket of stock indices has risen, the redemption price will be calculated by multiplying the increase by the participation rate. There is no cap on the redemption price.

The indicative participation rate is 100%. The final rate will be fixed on 12 March 2013, at the latest, on the basis of market conditions and will appear in the Applicable Final Terms. If the participation rate cannot be fixed at 90% or more, the issue will be cancelled.

Danske Bank reserves the right to cancel the issue if the total subscription amount is lower than NOK 30,000,000.

The notes will be issued under Danske Bank’s EUR 5,000,000,000 Structured Note Programme of 22 June 2012.

The issue date for the notes is 15 March 2013. The notes will mature on 15 March 2016. The notes will be registered with VPS Oslo, and Danske Bank will file an application for the notes to be listed on NASDAQ OMX Copenhagen A/S on 15 March 2013.

For further information about the issue, please see the Preliminary Final Terms, Base prospectus with supplements and Danish summary of the Base Prospectus attached to this company announcement.

Download Danske Bank Structured Note Prospectus (738 KB)
Download Preliminary Final Terms Danske Bank Eurozone Recovery 2016 (500 KB)
Download Supplement No.1 (70 KB)
Download Supplement No.2 (98 KB)
Download Supplement No.3 (65 KB)


Danske Bank A/S


Contacts:

Peter Kjær Holm, Senior Vice President, tel. +45 45 12 84 85
Steen Blaafalk, Senior Executive Vice President, tel. +45 45 14 63 60