DANSKE BANK A/S EUR Benchmark 10.25NC5.25 T2 - IPTs MS+190bps area €€
Issuer: Danske Bank A/S. (Ticker: DANBNK)
Issuer rating: A2/A/A by Moody’s /S&P/Fitch
(negative/stable/negative)
Status: The Notes will constitute Tier 2 Capital, and direct,
unsecured and subordinated debt obligations of the
Issuer, as further described in the Base Prospectus.
Format: Reg S Bearer
Exp. Issue Ratings: BBB/A- by S&P/Fitch
Maturity: 12-Feb-2030 (10.25y)
Call date: 12-Feb-2025 (5.25y)
Settlement: 12-Nov-2019 (T+5)
Issue Size: EUR Benchmark
IPTs: MS+190bps area
Coupon: Fixed (FXD), Annually, Act/Act ICMA, short first
coupon
Optional Redemption: At par at any time in case of a Tax Event or a
Capital Event, in each case as defined in the Base
Prospectus.
Substitution
and Variation: Yes. See Base Prospectus.
Events of
Default/Set-off: None/No Noteholder right of set-off.
Denoms: €100k + €1k
Listing: The Irish Stock Exchange, trading as Euronext
Dublin
Issuer: Danske Bank A/S. (Ticker: DANBNK)
Issuer rating: A2/A/A by Moody’s /S&P/Fitch
(negative/stable/negative)
Status: The Notes will constitute Tier 2 Capital, and direct,
unsecured and subordinated debt obligations of the
Issuer, as further described in the Base Prospectus.
Format: Reg S Bearer
Exp. Issue Ratings: BBB/A- by S&P/Fitch
Maturity: 12-Feb-2030 (10.25y)
Call date: 12-Feb-2025 (5.25y)
Settlement: 12-Nov-2019 (T+5)
Issue Size: EUR Benchmark
IPTs: MS+190bps area
Coupon: Fixed (FXD), Annually, Act/Act ICMA, short first
coupon
Optional Redemption: At par at any time in case of a Tax Event or a
Capital Event, in each case as defined in the Base
Prospectus.
Substitution
and Variation: Yes. See Base Prospectus.
Events of
Default/Set-off: None/No Noteholder right of set-off.
Denoms: €100k + €1k
Listing: The Irish Stock Exchange, trading as Euronext
Dublin