Max Bank to obtain a floating-rate EUR loan


Max Bank to obtain a floating-rate EUR loan

On 26 March 2010, Max Bank will obtain a three-year floating-rate senior loan in
the nominal amount of EUR 75m.                                                  
This loan is obtained within Max Bank's individual limit for                    
government-guaranteed loan issues, see agreement with Finansiel Stabilitet A/S  
(the Financial Stability Company). The loan will be paid by Valhalla 1 S.A.,    
which is concurrently to issue Eurobonds listed on the Frankfurt Stock Exchange 
under ISIN code XS0482545513. The bonds are rated by Fitch and Moody's as       
AAA/Aaa.                                                                        
Any questions should be directed at Flemming Jørgensen, Financial and Investment
Manager, or Henrik Lund, Chief Executive Officer.                               

                              Yours faithfully
                                Max Bank A/S  

 

       Flemming Jørgensen                        Henrik Lund      
Financial and Investment Manager           Chief Executive Officer
      Tel: +45 55 78 01 41                              
       Email fj@maxbank.dk                              

Stock exchange announcement no 11/2010

Attachments

11.max bank to obtain a floating-rate eur loan.pdf