14.3.2024 09:17:48 CET | BankNordik | Prospectus/Announcement of Prospectus

Announcement no. 5/2024

With reference to company announcement no. 22/2023 of 13 November 2023 BankNordik publishes listing prospectus for the admission to trading and official listing of DKK 200 million Floating Rate Senior Preferred Notes, issued on 22 November 2023. The issue is part of the ongoing process to optimize the capital structure of BankNordik. 

BankNordik hereby announces that the Danish Financial Supervisory Authority today has approved the listing prospectus of admission to trading and official listing of DKK 200 million Floating Rate Senior Preferred Notes.

The notes (ISIN: DK0030529664) are now admitted for official listing and trading on Nasdaq Copenhagen with the first day of trading on 15. March 2024. The bonds have a maturity of five years with the option to call after four years.

Senior Preferred is an instrument that is designed to meet the MREL requirement, which will be fully phased in by mid-year 2026.

Nordea Danmark has been the lead manager of the issue.

 

Further information:

Arnhold Olsen, CFO, tel. (+298) 230 475

 

BankNordik has banking activities in the Faroe Islands and Greenland and insurance activities in the Faroe Islands. The Bank was founded in the Faroe Islands more than a century ago and is subject to the supervision of the Danish Financial Supervisory Authority and is listed on Nasdaq Copenhagen.

Attachments

  • Prospectus approved March 2024 by the Danish FSA_DK0030529664.pdf

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