Nykredit and Totalkredit issue SDOs

 | Source: Nykredit Realkredit A/S Nykredit Realkredit A/S 

Nykredit and Totalkredit
● issue covered bonds ("særligt dækkede obligationer" - "SDOs") for the
funding of mortgage loans
● open SDOs with up to 30-year interest-only periods
● raise the maximum LTV ratio for commercial properties from 60% to 70%
● carry out interest rate adjustment of an estimated DKK 88bn worth of SDOs
and DKK 9bn of mortgage bonds (ROs)
● issue junior covered bonds for the funding of supplementary security in
connection with mortgage lending.

Attachments

nykredit and totalkredit issue sdos - 15.11.2007.pdf
GlobeNewswire

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