Dear Sirs
Series 2 DKK 928,450,000 Fixed/Floating Rate Secured Notes due 2106 (ISIN: DK0030029269) (the “Notes”)
Terms used in this notice and not otherwise defined herein shall have the meanings ascribed to them in the prospectus dated 1 May 2006 in respect of the Notes (the “Prospectus”).
On behalf of the Issuer, in our capacity as Listing Agent, we hereby notify you that, subject to the approval of Finanstilsynet, due to a refinancing of certain outstanding obligations of the issuer of the Collateral, Den Jyske Sparekasse (formerly Sparekassen Farsø) a full repayment of the securities forming the Collateral of the Notes is expected to occur following the refinancing which is scheduled to occur on 25 June 2018. Such repayment would result in the redemption of the Notes pursuant to Paragraph 13(A) of the Terms of the Notes. The notice set out in Annex 1 hereto has been delivered to each of the Noteholders.
Please note that the date on which repayment of the Collateral (if any) will occur is not yet known.
Yours faithfully,
NYKREDIT BANK A/S
Annex 1
NOTICE
to the holders of
Kalvebod plc Series 2 DKK 928,450,000 Fixed/Floating Rate Secured Notes due 2106 (ISIN: DK0030029269) (the “Notes”)
Terms used in this notice and not otherwise defined herein shall have the meanings ascribed to them in the prospectus dated 1 May 2006 in respect of the Notes (the “Prospectus”).
We have become aware that, subject to the approval of Finanstilsynet, due to a refinancing of certain outstanding obligations of the issuer of the Collateral, Den Jyske Sparekasse (formerly Sparekassen Farsø) a full repayment of the securities forming the Collateral of the Notes is expected to occur following the refinancing which is scheduled to occur on 25 June 2018. Such repayment would result in the redemption of the Notes pursuant to Paragraph 13(A) of the Terms of the Notes
Further information on the refinancing of the issuer of the Collateral can be found (in Danish language only) at: https://www.djs.dk/om-os/presse/aktuelt/nyheder/aktuelt/2018/opbakning-til-helhedsloesning/
For further information in relation to the terms and conditions of the Notes, please refer to the Prospectus, a copy of which may be obtained from Nykredit Bank A/S, Kalvebod Brygge 1-3, DK-1780 Copenhagen V, telephone number: +45 44 55 19 94.
Please note that a copy of this notice is also available on the Issuer website at: https://corporateservicesissuertransactions.com
Issued by Kalvebod plc
Date: 18 June 2018
Attachment
