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Danske Bank Capital/Financing Update 2020

May 19, 2020

3359_cap_2020-05-19_3b1b8885-3eb7-42fc-af1a-f2bbf2da0e76.html

Capital/Financing Update

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National Storage Mechanism | Additional information

RNS Number : 3886N

Danske Bank A/S

19 May 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 19 May 2020 the ISDA Credit Derivatives Determination Committee declared that as of 18 May 2020 a Bankruptcy Credit Event has occurred in respect of J. C. Penney Company, Inc.. 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 J. C. Penney Company, Inc., 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 18 May 2020.
Capitalised terms used in this notice have the same meaning as in the Final Terms and the Base Prospectus for the Notes.
Copenhagen, 19 May 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 [email protected] or visit www.rns.com.

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