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.
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(END) Dow Jones Newswires
June 30, 2020 11:02 ET (15:02 GMT)