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Groenlandsbanken A/S

The BANK of Greenland has issued DKK 100 million in Senior Non-Preferred

Source: GlobeNewswire
The BANK of Greenland has issued DKK 100 million in Senior Non-Preferred

To Nasdaq OMX Copenhagen
18 November 2024
Company announcement no.  16/2024


The BANK of Greenland has issued DKK 100 million in Senior Non-Preferred

As part of the ongoing process to optimize the capital structure, The BANK of Greenland has issued DKK 100 million in Senior Non-Preferred.

The capital is issued with ISIN no. DK0030541792 and with effect from 20 November 2024. The capital has a maturity of seven 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 floating rate agreed at a twelve-month Cibor rate plus 275 basis points.

Nykredit Bank A/S is the sole lead manager of the issue.

Best regards
The Bank of Greenland

Martin Kviesgaard
Managing Director

Telephone: +299 34 78 02 / E-mail: mbk@banken.gl

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