Nykredit Realkredit A/S will issue new covered bonds ("særligt dækkede obligationer") out of Capital Centre E. The new covered bonds are DKK-denominated fixed-rate 3% callables with an initial 10Y interest-only period and maturing on 1 October 2044 in series 01E. The bonds are intended for the funding of 30Y fixed-rate interest-only loans granted by Nykredit and Totalkredit.
At the same time, DKK-denominated fixed-rate callables carrying a coupon of 2% and maturing on 1 October 2034 in series 01E will be issued. The bonds are intended for the funding of 20Y fixed-rate repayment loans granted by Nykredit and Totalkredit.
Nykredit will apply for admission to trading of the bonds on NASDAQ OMX Copenhagen A/S with a view to opening on 6 June 2012. The bonds will be registered with VP SECURITIES A/S.
The final terms will be published in a separate stock exchange announcement.
Enquiries may be addressed to Henrik Hjortshøj-Nielsen, Executive Vice President, Group Treasury, tel +45 44 55 10 40, or Nels Petersen, Head of Corporate Communications, tel +45 44 55 14 70/+45 20 22 22 72.
