Total bond offering in connection with the interest rate adjustment of
Nykredit's
and Totalkredit's adjustable-rate mortgages (ARMs) in March 2010 will amount to
about DKK 55bn. The total bond offering covers DKK 47bn in DKK-denominated
fixed-rate bullet bonds and EUR 1bn in EUR-denominated fixed-rate bullet bonds.
The amount offered and the distribution between the individual bonds offered may
change due to the borrowers' option to change the terms of their loans until the
end of February. The expected offering will be updated on a continuous basis at
nykredit.com/ir.
In the auction period Nykredit will announce the individual ISINs offered on
each
day at nykredit.com/ir.
Terms of the auctions with a list of the bond offering, expected amounts
offered,
auction schedule and other terms of the individual auctions are laid down in
Appendices
1 and 2.
Questions regarding the bond sales as well as technical issues may be addressed
to Christian Mauritzen, tel +45 44 55 10 14.
Other inquiries may be addressed to Svend Frost Bondorf, Vice President, Group
Treasury, tel +45 44 55 11 78, or Nels Petersen, Head of Corporate
Communications, tel +45 44 55 14 70/+45 20 22 22 72.
