Ringkjøbing Landbobank Issues Tier 2 Capital

(MENAFN- globenewswire - nasdaq) nasdaq copenhagen
london stock exchange
euronext dublin
other stakeholders

date 22 august 2023

ringkjøbing landbobank issues tier 2 capital

ringkjøbing landbobank issues tier 2 capital for a total amount of dkk 500 million with effect from 1 september 2023.

the capital issue has a maturity of 10 years with a first call (redemption) option after 5 years.

the interest for the entire term to maturity is agreed at a 6-month cibor rate plus a margin of 200 basis points and with fixing of interest every six months.

the issue, which is unlisted, will be made as a private placement with an institutional investor. the issue is part of the bank's ongoing capital planning.

yours faithfully

ringkjøbing landbobank

john fisker
ceo

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• en tier 2 kapital 08 2023

attachments en tier 2 kapital 08 2023...

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