Early redemption of Tier 2 capital
Nasdaq Copenhagen
London Stock Exchange
Other stakeholdersDate 22 April 2020Early redemption of Tier 2 capitalAs part of the bank’s ongoing capital planning, the board of directors today made a decision in favour of the early redemption of Tier 2 capital of EUR 50 million issued on 20 May 2015 (ISIN: XS1234253836).The bank has obtained the Danish FSA’s approval of the early redemption, which will take place on 20 May 2020.Refinancing of the Tier 2 capital to be redeemed was already in place in the third quarter of 2019 in connection with the issue of new Tier 2 capital totalling EUR 100 million with maturity in 2029.
Yours sincerely
Ringkjøbing LandbobankJohn Fisker
CEOAttachmentEN Førtidsindfrielse supplerende kapital 22042020