The BANK of Greenland has issued DKK 40 million in Tier 2 capital
Globenewswireยท2025-05-23 09:25
Group 1 - The BANK of Greenland has issued DKK 40 million in Tier 2 capital to optimize its capital structure [1] - The Tier 2 capital has a maturity of ten years, with a possibility to call after five years, subject to approval by the Danish Financial Supervisory Authority [2] - The bonds have a floating rate set at a six-month CIBOR rate plus 300 basis points [2] Group 2 - Nykredit Bank A/S is the sole lead manager for the issuance of the Tier 2 capital [2]