The total bond offering in connection with the interest rate adjustment of
Nykredit and Totalkredit's ARMs (Tilpasningslån and BoligXlån) and refinancing
of Nykredit and Totalkredit's Cibor- and Euribor-based loans at the Nykredit
Group's refinancing auctions at end-2010 amount to DKK 159bn. The total bond
offering covers DKK 80bn in DKK-denominated fixed-rate bullet bonds, EUR 6bn in
EUR-denominated fixed-rate bullet bonds, DKK 27bn in DKK-denominated
floating-rate bonds and EUR 1bn in EUR-denominated floating-rate bonds.
The amount offered and the distribution between the individual bonds offered
may change as the borrowers may alter the terms of their loans until the end of
November. 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
that day at nykredit.com/ir.
Terms of the auctions with a list of the bonds offered, expected amounts
offered, auction schedule and other terms of the individual auctions are laid
down in Appendices 1 and 2.
Questions regarding the bond sale as well as technical matters may be addressed
to Nykredit Realkredit A/S, Group Treasury, Lars Mossing Madsen, tel +45 44 55
11 66, Christian Mauritzen, tel +45 44 55 10 14, Pernille Bach Ladevig, tel +45
44 55 10 63 or Theis Ingerslev, tel +45 44 55 20 21.
Other enquiries may be addressed to Henrik Hjortshøj-Nielsen, Executive Vice
President, Group Treasury, tel +45 44 55 10 40, or Nels Petersen, Head of
Corpo-rate Communications, tel +45 44 55 14 70/+45 20 22 22 72.
