April 11, 2014 / 7:56 AM / 3 years ago

BRIEF-Danske Bank redeems state loan of DKK 24 bln

COPENHAGEN, April 11 (Reuters) - Danske Bank A/S said in a statement on friday: * In accordance with agreement dated 5 May 2009 between the Danish state and Danske Bank, Danske Bank has today redeemed hybrid tier 1 capital of 23,991,500,000 Danish crowns at par. * The capital was raised on 11 May 2009 and carried an effective interest rate of 9.765 percent p.a. Source text for Eikon:

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