The BANK of Greenland has agreed to issue DKK 125 million in Senior Non-Preferred capital with a maturity of seven years and a floating rate of six-month CIBOR rate plus 230 basis points. They have also decided to redeem early DKK 50 million in Senior Non-Preferred capital. The redemption has been approved by the Danish Financial Supervisory Authority. For more information, contact Managing Director Martin Kviesgaard at +299 34 78 02 or email [email protected]. Nykredit Bank A/S is the sole lead manager of the issue.

Read more at GlobeNewswire: The BANK of Greenland issued and early redemption of Senior