Danske Bank redeems hybrid tier 1 capitalDanske Bank redeems hybrid tier 1 capital

April 11, 2014

Company Announcement No. 13/2014
In accordance with agreement dated 5 May 2009 between the Danish state and Danske Bank, Danske Bank has today redeemed hybrid tier 1 capital of DKK 23,991,500,000 at par.
 
The capital was raised on 11 May 2009 and carried an effective interest rate of 9.765% p.a.
Danske Bank A/S
 
Contact:
Henrik Ramlau-Hansen, Chief Financial Officer, tel. +45 45 14 06 66.