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Danske Bank issues credit-linked structured notes.

Global Banking News-December 5, 2017--Danske Bank issues credit-linked structured notes

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Global Banking News - 05 December 2017

Danish lender, Danske Bank (CPH: DANSKE), will issue EUR4,269,000 in notes designated 'DB Europa High Yield I 2023' and EUR 3,985,000 in notes designated 'DB Europa High Yield II 2023.'

The notes are issued at a price of 100. The 'DB Europa High Yield I 2023' notes pay interest at 3.10 percent per annum, and the notes designated 'DB Europa High Yield II 2023' pay interest at 4.00 percent per annum, it said.

The notes will be issued on December 6, 2017 and will mature on January 15, 2023. The notes are issued under Danske Bank's EUR5bn Structured Note Programme dated June 20, 2017. Danske Bank will file an application for the notes to be listed on NASDAQ Copenhagen A/S from December 6, 2017.

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Publication:Global Banking News (GBN)
Date:Dec 5, 2017
Words:176
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