Capital/Financing Update • Jun 26, 2009
Capital/Financing Update
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To Nasdaq OMX Copenhagen
Company announcement no. 10 - 2009
26 June 2009
Today Spar Nord Bank concluded an agreement with Finansiel Stabilitet A/S regarding the conditions for the individual government-backed guarantee for bond offerings permitted under the Danish Act on Financial Stability.
The agreement gives Spar Nord Bank an option over the next year to request a three-year government-backed guarantee for offerings under the Bank's EMTN programme up to a maximum of DKK 7.5 billion.
Spar Nord Bank expects to make its first offering to raise funds in Q3 2009.
On 23 June, Moody's announced that bond offerings under the individual Danish government-backed guarantee will get an Aaa rating.
Sincerely yours, Spar Nord Bank
Ole Madsen Senior Vice President
Direct ext.: +45 9634 4010 [email protected]
The Management Secretariat Postboks 162 DK-9100 Aalborg
Reg. no. 9380 Tel. +45 96 34 40 00 Fax +45 96 34 45 62 Swift spno dk 22
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