BankNordik P/F - Company Announcement

BankNordik issues bonds with individual government backed guarantee amounting to DKK 1.2bn

BankNordik has concluded an agreement to issue bonds for DKK 1,200 million with
maturity on 2 May 2013. The bonds will be listed on Nasdaq OMX Copenhagen with
the first day of trading on 6 May 2010. The bonds are sold in advance to
institutional investors. 
The bonds are issued as unsubordinated debt with a floating rate set at 3
months CIBOR + 0.35 pct. BankNordik has an call option to prepay the bonds with
a one months notice, though not before 2 November 2010 and than every third
month hereafter. 
The bonds are guaranteed by Finansiel Stabilitet A/S, and are part of the
agreement announced on 16 December 2009, which gave BankNordik the option to
request three-year government-backed guarantees for unsubordinated debt up to
a maximum of DKK 4 billion.


For further information:
Janus Petersen, CEO, phone (+298) 330 340
Johnny í Grótinum, IR, phone (+298) 230 380

Liitteet:

undirskr lániskjal 230410.pdf

bonds_uk.pdf