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club Felene

Ringkjøbing Landbobank issues Tier 2 capital

by GlobeNewswire
March 26, 2025
in Top News
Reading Time: 1 min read

Nasdaq Copenhagen        
London Stock Exchange        
Euronext Dublin
Other stakeholders

Date        26 March 2025

Ringkjøbing Landbobank issues Tier 2 capital

Ringkjøbing Landbobank issues Tier 2 capital for a total amount of SEK 350 million with effect from 1 April 2025.

The issue has a maturity of 10 years with a first call (redemption option) after 5 years.

The interest for the entire term to maturity is agreed at a 3-month Stibor-rate plus a margin of 170 basis points and with fixing of interest every three months.

The issue has been swapped into Danish kroner, resulting in an interest rate of 3-month Cibor plus a margin of 150 basis points.

The issue is carried out as a private placement and as part of the bank’s ongoing capital planning.

Yours faithfully

Ringkjøbing Landbobank

        
John Fisker
CEO

Attachment

  • EN Tier 2 capital 26-03-2025

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GlobeNewswire
GlobeNewswire
GlobeNewswire,is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.
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