Danske Bank plans bond issue in the euro market

Danske Bank plans bond issue in the euro market

Danske Bank will initiate discussions with investors with a view to issuing additional tier 1 capital in the form of a bond loan denominated in EUR. The issue is expected to be a benchmark bond loan, that is of a minimum size of EUR 500 million; and it will be perpetual with an option to prepay at par six years after issuance.

The bond loan forms part of Danske Bank’s ongoing adjustment of its capital structure to future capital requirements for European banks.

Danske Bank A/S

Contact:

Henrik Ramlau-Hansen, Chief Financial Officer, tel. +45 45 14 06 66.

This is a translation of a company announcement in the Danish language. In case of discrepancies, the Danish version prevails.