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Vestjysk Bank A/S has signed a loan agreement for DKK 140 million in Senior Non-Preferred Debt with a value date of 7 September 2021.

The loan has a term of four years with optional prepayment after three years at the earliest, subject to prior permission from the Danish FSA. The loan carries a floating semi-annual coupon rate of CIBOR6 plus a credit spread of 170 bps.

The loan agreement is a step in the ongoing optimisation of Vestjysk Bank's capital structure.

Please direct any questions regarding this announcement to Jan Ulsø Madsen, CEO, on tel. (+45) 96 63 21 04.

Vestjysk Bank A/S

   Kim Duus                                          Jan Ulsø Madsen 
   Chairman                                          CEO

Vestjysk Bank A/S

Industrivej Syd 13C

DK-7400 Herning

Tel.: +45 96 63 20 00

CVR no. 34 63 13 28

www.vestjyskbank.dk

(END) Dow Jones Newswires

September 07, 2021 02:30 ET (06:30 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.
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