Brief: BankNordik To Issue Additional Tier 1 Capital

Foeroya Banki P/F

24/09/2019 11:56

Sept 24 (Reuters) - BankNordik P/F  BNORDIK.CO :
    * REG-BANKNORDIK TO ISSUE ADDITIONAL TIER 1 CAPITAL
    * BANKNORDIK WILL ISSUE ADDITIONAL TIER 1 CAPITAL IN AMOUNT
OF DKK
150M, SETTLED ON 30 SEPTEMBER 2019
    * NOTES ARE PERPETUAL AND COUPON IS FIXED AT 4.500%, PAID
ANNUALLY
UNTIL 30 SEPTEMBER 2024 (FIRST CALL DATE) BASED ON 5-YEAR DANISH
SWAP RATE PLUS MARGIN OF 4.812%

Source text for Eikon:  ID:nGNE7yfcJb 
Further company coverage:  BNORDIK.CO 

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