Brief: BankNordik Mulls Possibility Of Issuing Additional Tier 1 Capital

Foeroya Banki P/F

13/09/2019 12:08

Sept 13 (Reuters) - BankNordik P/F  BNORDIK.CO :
    * REG-BANKNORDIK EXPLORING THE POSSIBILITY OF ISSUING
ADDITIONAL
TIER 1 CAPITAL
    * DECIDED TO EXPLORE POSSIBILITY OF ISSUING ADDITIONAL TIER
1
CAPITAL IN AMOUNT OF DKK 100-150M AS PART OF ONGOING EFFORTS TO
OPTIMIZE GROUP'S CAPITAL STRUCTURE
    * HAS GIVEN NORDEA BANK ABP MANDATE TO EXPLORE MARKET,
ARRANGE
INVESTOR MEETINGS AND, IF THERE IS SATISFACTORY MARKET INTEREST,
HANDLE ISSUE PROCESS TOGETHER WITH BANK

Source text for Eikon:  ID:nGNE2yYr3c 
Further company coverage:  BNORDIK.CO 

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