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0OGV Groenlandsbanken A/s

606.00
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Groenlandsbanken A/s LSE:0OGV London Ordinary Share DK0010230630 GRONLANDSBANKEN ORD SHS
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 606.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Commercial Banks, Nec 655.81M 192.4M 10.6886 4.65 895.32M

The BANK of Greenland has issued DKK 40 million in Tier 2 capital

24/05/2023 3:09pm

GlobeNewswire Inc.


Groenlandsbanken A/s (LSE:0OGV)
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The BANK of Greenland has issued DKK 40 million in Tier 2 capital

Referring to company announcement no. 8/2023 dated 23 May 2023, it is announced that as part of the ongoing process to optimize the capital structure, The BANK of Greenland has issued DKK 40 million in Tier 2 capital.

The capital is issued with ISIN no. DK0030525407 and with effect from 1 June 2023. The Tier 2 capital has a maturity of ten years with a possibility to call after five years and any time thereafter subject to approval by the Danish Financial Supervisory Authority (Finanstilsynet). The bonds have a floating rate agreed at a six-month Cibor rate plus 400 basis points.

Nykredit Bank A/S is the sole lead manager of the issue.

Best regards

The BANK of Greenland

Contact: General Manager Martin Kviesgaard, tel.: +299 34 7802 / mail: mbk@banken.gl

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