BankNordik

BankNordik issues DKK 250 million Senior Non-Preferred bonds

29.11.2023 11:38:48 CET | BankNordik | Investor News

Press release

As part of BankNordik’s ongoing efforts to optimize the capital structure, the bank today has successfully completed a 7-year, non-call for the first 4 years, DKK 250 million issue of Senior Non-Preferred bonds, priced at 12 months CIBOR + a margin of 3.09%.

The issue will be settled with value date on 1. December 2023.

The bonds are not rated and will not be applied for listing on any regulated market or alternative trading platform.  

Nykredit Bank A/S has acted as sole structuring advisor and lead manager of the issue.

 

 

Further information:

Turið F. Arge, CEO, tel. (+298) 230 678; e-mail: tfa@banknordik.fo

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