Brief: Spar Nord Issues Additional Tier 1

Spar Nord Bank A/S

06/04/2020 07:06

April 6 (Reuters) - Spar Nord Bank A/S  SPNO.CO :
    * REG-SPAR NORD ISSUES ADDITIONAL TIER 1
    * SPAR NORD TODAY CONCLUDED AN AGREEMENT WITH INSTITUTIONAL
INVESTORS TO ISSUE ADDITIONAL TIER 1 (AT1) CAPITAL TOTALLING DKK
330 MILLION
    * BONDS ARE ISSUED WITH A VALUE DATE OF 15 APRIL 2020, AND
UNTIL
15 APRIL 2025 THEY WILL CARRY AN INTEREST OF 6.00% P.A. (FIXED
RATE)

Source text for Eikon:  ID:nGNE5wqYHn 
Further company coverage:  SPNO.CO 

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