REG - Danske Bank A/S - Credit Event Notice

Herc HoldingsAnnouncement

03/06/2020 16:40

RNS Number : 8668O
  
Danske Bank A/S
  
03 June 2020
  
 

 
CREDIT EVENT NOTICE
Danske Bank A/S note issue XS1222742253, XS1309433578, FI4000185541, XS1347434505, FI4000197983,
FI4000201421, FI4000201587, FI4000210422, FI4000210497, FI4000210901, XS1619997684, FI4000273479, FI4000282223, XS1706364491, DK0030431770, DK0030440763, issued under the EUR 5,000,000,000 Structured Note Programme (the "Notes").
On 26 May 2020 the ISDA Credit Derivatives Determination Committee declared that as of 26 May 2020 a Bankruptcy Credit Event has occurred in respect of The Hertz Corporation. The Bankruptcy Credit Event has been confirmed on a Public Source (Bloomberg).
Danske Bank A/S has determined, based on the above, that a Credit Event under the Terms and Conditions of the Notes has occurred in relation to The Hertz Corporation, which is a Reference Entity in the Notes. The Credit Event will impact the Interest Amount and the Final Redemption Amount.
The Credit Event Determination Date is 26 May 2020.
Capitalised terms used in this notice have the same meaning as in the Final Terms and the Base Prospectus for the Notes.
Copenhagen, 03 JUNE 2020.
DANSKE BANK A/S
 
 
 
 
This announcement has been issued through the Companies Announcement Service of Euronext Dublin.




 


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