|Company announcement no. 23|
Spar Nord has today concluded an agreement with institutional investors to issue additional Tier 1 (AT1) capital for an amount of
The AT1 capital (DK0030495668) will be issued with
The loan will have a CET1 trigger point of 7%, which means that the loan will be written down if Spar Nord’s common equity tier 1 (CET1) capital ratio drops below this point. The loan can be written up again based on the rules laid down in CRR.
Also today Spar Nord has concluded an agreement with institutional investors to issue Tier 2 capital for an amount of
The Tier 2 capital (DK0030495742) will be issued with
The issues are arranged by
Please direct any questions regarding this release to Rune Brandt Børglum, Head of Investor Relations, on tel. + 45 9634 4236, or by e-mail at email@example.com.
Rune Brandt Børglum
Head of Investor Relations
- No. 23 Spar Nord issues Additional Tier 1 (AT1) capital and Tier 2 capital
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