Analyst Research

Report Title Price
Provider: Reuters Investment Profile
$20.00
Provider: Wright Reports
$75.00
Provider: MarketLine (a Datamonitor Company)
$175.00
Provider: Thomson Reuters StreetEvents
$75.00

NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Danske Bank issues Additional Tier 1 Capital in euro market of EUR 750 mln


Wednesday, 5 Mar 2014 12:37pm EST 

Danske Bank A/S:Receives indications of interest from close to 700 investors totalling around 13 billion euros (nearly 100 billion Danish crowns) in connection with the planned issue of Additional Tier 1 Capital.Says accordingly, has decided to issue bonds for 750 million euros (5.6 billion Danish crowns).The bonds will be perpetual, however with an option to prepay the bonds on April 6, 2020, at the earliest.Coupon has been set at 5.75 percent per annum, payable semi-annually in arrear on April 6 and Oct. 6 in each year, commencing on Oct. 6, 2014.The bonds will be listed on the Irish Stock Exchange.If the bonds are not redeemed on April 6 , 2020, the interest will be reset for a new period of six years based on the prevailing six-year euro Swap rate plus a Margin of 4.64 percent per annum. 

Company Quote

163.4
0.7 +0.43%
10:59am EDT