Spar Nord Bank floats new supplementary capital


Spar Nord bank is floating a loan of DKK 100 million, having the status of
supplementary capital. The proceeds will be used to strengthen the Bank's
capital base and continued growth. The loan will boost the Bank's capital
adequacy ratio by 0.2%. 

This floating-rate loan has a term to maturity of 8 years, with an option of
premature redemption after 5 years, provided that the Danish Financial
Supervision Authority grants its approval. 

The loan was arranged in conjunction with HSH Nordbank.

Attachments

nr. 12 - spar nord bank optager ny ansvarlig kapital_engelsk.pdf