Brief: Vestjysk Bank To Convert Tier 2 Capital

Vestjysk Bank A/S

30/07/2019 15:20

July 30 (Reuters) - Vestjysk Bank A/S  VJBA.CO :
    * REG-VESTJYSK BANK A/S TO CONVERT TIER 2 CAPITAL
    * HAS BEEN GIVEN PERMISSION BY DANISH FSA TO PREPAY TIER 2
CAPITAL
IN AMOUNT OF DKK 150 MILLION.
    * REPAYMENT WILL TAKE PLACE AT PAR VALUE TOGETHER WITH
INTEREST
ACCRUED BUT STILL NOT PAID AT DATE OF REPAYMENT
    * TO EXPLORE POSSIBILITY OF ISSUING NEW TIER 2 CAPITAL IN
AMOUNT
OF DKK 125 MILLION

Source text for Eikon:  ID:nGNE5FLVTt 
Further company coverage:  VJBA.CO 

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