As per 28 March 2007, Fionia Bank A/S will issue a Subordinated Term Loan for EUR 10 million. The amount will be used to strengthen the capital base of the bank. It is a floating-rate loan with a duration of 8 years with the option to repay after 5 years, assumed that the permission is given by The Danish Financial Supervisory Authority. The loan has been arranged in cooperation with Finanssektorens Pensionskasse (FSP), Amaliegade 27, 1256 Copenhagen K, Denmark and J.P. Morgan Securities Ltd (JPMorgan), 125 London Wall, London EC2Y 5AJ, United Kingdom.