Grønlandsbanken

Capital/Financing Update • Nov 18, 2024

The BANK of Greenland has issued DKK 100 million in Senior Non-Preferred

The BANK of Greenland has issued DKK 100 million in Senior Non-Preferred

To Nasdaq OMX Copenhagen

18 November 2024

Company announcement no.  16/2024

The BANK of Greenland has issued DKK 100 million in Senior Non-Preferred

As part of the ongoing process to optimize the capital structure, The BANK of Greenland has issued DKK 100 million in Senior Non-Preferred.

The capital is issued with ISIN no. DK0030541792 and with effect from 20 November 2024. The capital has a maturity of seven years with a possibility to call after four years and any time thereafter subject to approval by the Danish Financial Supervisory Authority (Finanstilsynet). The bonds have a floating rate agreed at a twelve-month Cibor rate plus 275 basis points.

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

Best regards

The Bank of Greenland

Martin Kviesgaard

Managing Director

Telephone: +299 34 78 02 / E-mail: mbk@banken.gl

Attachment

• 16.Senior Non-Preferred-udstedelse_UK