BRIEF-Danske Bank issues steepener notes

June 13 Fri Jun 13, 2014 4:03am EDT

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June 13 (Reuters) - Danske Bank A/S said on Friday: * Has decided to issue fixed-rate notes with a credit-linked notional amount * The subscription period runs from 16 June 2014 to 27 June 2014 but may be closed earlier * The notes are denominated in US dollars * The notes are issued at a price of 99.70 percent and will be redeemed at par at maturity adjusted for potential credit events on 15 June 2019 * The fixed rate will be determined no later than 30 June 2014 on the basis of market conditions * If the rate cannot be fixed at 5.50 percent or higher, the issue will be cancelled * Reserves the right to cancel the issue if the total amount subscribed for is lower than 1,000,000 dollars. Source text for Eikon:

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