The BANK of Greenland has issued DKK 40 million in Tier 2 capital
25 May 2023 - 12:09AM
The BANK of Greenland has issued DKK 40 million in Tier 2 capital
Referring to company announcement no. 8/2023 dated 23 May 2023,
it is announced that as part of the ongoing process to optimize the
capital structure, The BANK of Greenland has issued DKK 40 million
in Tier 2 capital.
The capital is issued with ISIN no. DK0030525407 and with effect
from 1 June 2023. The Tier 2 capital has a maturity of ten years
with a possibility to call after five years and any time thereafter
subject to approval by the Danish Financial Supervisory Authority
(Finanstilsynet). The bonds have a floating rate agreed at a
six-month Cibor rate plus 400 basis points.
Nykredit Bank A/S is the sole lead manager of the issue.
Best regards
The BANK of Greenland
Contact: General Manager Martin Kviesgaard, tel.: +299 34 7802 /
mail: mbk@banken.gl
Groenlandsbanken A/s (LSE:0OGV)
Historical Stock Chart
From Mar 2024 to Apr 2024
Groenlandsbanken A/s (LSE:0OGV)
Historical Stock Chart
From Apr 2023 to Apr 2024