Ringkjøbing Landbobank issues tier 2 capital
Nasdaq Copenhagen
London Stock Exchange
Euronext Dublin
Other stakeholders
Date 26 June 2024
Ringkjøbing Landbobank issues tier 2 capital
Ringkjøbing Landbobank issues tier 2 capital for a total amount of DKK 500 million with effect from 31 July 2024.
The capital issue has a maturity of 10.5 years with a first call (redemption) option after 5.5 years.
The interest for the entire term to maturity is agreed at a 3-month Cibor rate plus a margin of 200 basis points and with fixing of interest every three months.
The issue, which is unlisted, will be made as a private placement with an institutional investor. The issue is part of the bank’s ongoing capital planning.
Yours faithfully
Ringkjøbing Landbobank
John Fisker
CEO
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