To Nasdaq OMX Copenhagen
31 January 2012
Stock Announcement no. 01/2012
Redemption of bonds secured by the Danish government – ISIN code DK0030245394
In May 2010, The BANK of Greenland issued a secured debenture of Dkr 100,000,000 based on an individual guarantee from the Danish government.
On the basis of the robust liquidity and capital structure The BANK of Greenland has decided to prematurely redeem the loan. Redemption will take place on 28 February 2012.
Hereinafter, the BANK of Greenland has no bonds based on guarantee from the Danish government.
For further information about the redemption of the loan, please contact:
The BANK of Greenland
Martin Kviesgaard
General Manager
Telephone +299 34 78 02
E-mail: mbk@banken.gl