In connection with the October 2011 payment date, Nykredit Realkredit A/S will be refinancing adjustable-rate mortgages and other loans in the amount of about DKK 81bn.
The covered bonds will be issued out of Capital Centre H, a new capital centre used to fund loans subject to refinancing. The covered bonds will be SDOs ("særligt dækkede obligationer").
The covered bonds issued out of the new capital centre will be rated by Moody's Investor Service and Standard & Poor's.
Moody's has announced that the covered bonds issued out of Capital Centre H will be rated Aa1.
Standard & Poor's is expected to publish its rating of the covered bonds issued out of Capital Centre H within the next few days. Nykredit anticipates a AAA rating from Standard & Poor's.
Contact:
Søren Holm, Group Managing Director, tel +45 44 55 10 10, or Nels Petersen, Head of Corporate Communications, tel +45 44 55 14 70/+45 20 22 22 72.