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Sydbank Capital/Financing Update 2015

Mar 5, 2015

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Aabenraa, Denmark, 2015-03-05 08:57 CET (GLOBE NEWSWIRE) --
Sydbank has issued EUR 100m worth of Tier 2 capital. The issue was made as Tier
2 capital with a maturity of 7 years.

The issue is a 12-year issue with a first call option after 7 years. A 12nc7
issue fixed at mid-swap plus 172 basis points.

Sydbank will move closer to meeting the capital targets in the coming years.
The issue is a follow-up to the capital structure adjustment mentioned in the
2014 Annual Report.

12nc7 is the longest maturity obtained by Sydbank since the Bank has been
internationally rated.

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Sydbank — Capital/Financing Update 2015

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Sydbank Capital/Financing Update 2015