The BANK of Greenland has issued DKK 40 million in Tier 2 capital

The BANK of Greenland has issued DKK 40 million in Tier 2 capital The BANK of Greenland has today agreed to issue DKK 40 million in Tier 2 capital as part of the ongoing process to optimize the capital structure.The capital is issued with ISIN no. DK0030551403 and with effect from 28 May 2025. The Tier 2 capital has a maturity of ten years with a possibility to call after five years and any time thereafter subject to approval by the Danish Financial Supervisory Authority (Finanstilsynet)...

The BANK of Greenland has issued DKK 40 million in Tier 2 capital

The BANK of Greenland has today agreed to issue DKK 40 million in Tier 2 capital as part of the ongoing process to optimize the capital structure.

The capital is issued with ISIN no. DK0030551403 and with effect from 28 May 2025. The Tier 2 capital has a maturity of ten years with a possibility to call after five years and any time thereafter subject to approval by the Danish Financial Supervisory Authority (Finanstilsynet). The bonds have a floating rate agreed at a six-month CIBOR rate plus 300 basis points.

Nykredit Bank A/S is the sole lead manager of the issue.

Best regards
The BANK of Greenland

Martin Kviesgaard
Managing Director

Contact: +299 34 78 02 / mail: [email protected]

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• 07.Tier2-issuing_UK