Danske Bank A/S Credit Event Notice

Date : 30/06/2020 @ 16:02
Source : UK Regulatory (RNS & others)

Danske Bank A/S Credit Event Notice

TIDMIRSH

RNS Number : 5873R

Danske Bank A/S

30 June 2020

CREDIT EVENT NOTICE

Danske Bank A/S note issue XS1222742253, XS1309433578, FI4000185541, XS1347434505, FI4000197983,

FI4000201421, FI4000201587, FI4000210422, FI4000210497, FI4000210901, XS1619997684, FI4000273479, FI4000282223, XS1706364491, DK0030431770, DK0030440763, issued under the EUR 5,000,000,000 Structured Note Programme (the "Notes").

On 29 June 2020 the ISDA Credit Derivatives Determination Committee declared that as of 29 June 2020 a Bankruptcy Credit Event has occurred in respect of Chesapeake Energy Corporation. The Bankruptcy Credit Event has been confirmed on a Public Source (Bloomberg).

Danske Bank A/S has determined, based on the above, that a Credit Event under the Terms and Conditions of the Notes has occurred in relation to Chesapeake Energy Corporation, which is a Reference Entity in the Notes.

The Credit Event will impact the Interest Amount and the Final Redemption Amount.

The Credit Event Determination Date is 29 June 2020.

Capitalised terms used in this notice have the same meaning as in the Final Terms and the Base Prospectus for the Notes.

Copenhagen, 30 June 2020.

DANSKE BANK A/S

This announcement has been issued through the Companies Announcement Service of Euronext Dublin.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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June 30, 2020 11:02 ET (15:02 GMT)

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