Nykredit Realkredit A/S publishes addendum to prospectus for the offering of mortgage bonds in connection with the presentation of the H1 Financial Statements 2007 and in accordance with the Executive Order on the issuance of bonds, balance principle and risk management (the "Executive Order"). Pursuant to section 2 of the Executive Order, Danish mortgage banks are subject to new requirements with respect to the choice of balance principle governing the issuance of mortgage bonds which implies that the balance principle applied up to now with respect to Nykredit's Capital Centre D must be revised to comply with legislation. The prospectus for the offering of mortgage bonds in Nykredit's capital centre will therefore be amended to show that in future the issuance of mortgage bonds out of Nykredit's Capital Centre D will comply with part 2 of the Executive Order (the general balance principle). The amendment takes effect from 1 October 2007. In practice, applying the general balance principle does not imply significant changes relative to previous announcements concerning Nykredit's lending activities out of Capital Centre D. In consequence, Nykredit has not assumed any significant further financial risk in relation to the lending and funding thereof through Nykredit's Capital Centre D. The change of balance principle to the general balance principle also applies to other mortgage bonds issued by Nykredit. Note particularly in relation to the presentation of the H1 Financial Statements 2007 that the forecast of profit for the year has been adjusted upwards by DKK 800m to DKK 4.4-4.7bn. The addendum is available for download at nykredit.com. Questions may be addressed to Nels Petersen, Head of Corporate Communications, tel +45 44 55 14 70.
Nykredit Realkredit A/S publishes addendum to prospectus for the offering of mortgage
| Source: Nykredit Realkredit A/S