LONDON, Feb 26 (IFR) - Danske Bank is preparing to sell
Denmark's first Additional Tier 1 bond and has hired Bank of
America Merrill Lynch, BNP Paribas, Danske Bank, Goldman Sachs,
HSBC and JP Morgan to act as lead managers.
The Danish lender will meet with investors starting Monday
March 3rd to discuss the euro-denominated bond, which will be
perpetual but callable after six years. The loss-absorbing
offering will temporarily write-down if the bank's Common Equity
Tier 1 ratio falls below 7%.
(Reporting by Aimee Donnellan; editing by Alex Chambers, Julian