Sydbank A/S
Issue of Tier 2 capital
Sydbank A/S 05.03.2015 08:57 Dissemination of a Adhoc News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- 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. News Source: NASDAQ OMX 05.03.2015 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: Sydbank A/S Denmark Phone: Fax: E-mail: Internet: ISIN: DK0010311471 WKN: End of Announcement DGAP News-Service ---------------------------------------------------------------------------
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