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Vestjysk Bank

Vestjysk Bank

Vestjysk Bank A/S has signed a loan agreement for DKK 140 million in Senior Non-Preferred Debt

08:30 / 7 September 2021 Vestjysk Bank Press release

Vestjysk Bank A/S has signed a loan agreement for DKK 140 million in Senior Non-Preferred Debt with a value date of 7 September 2021.

The loan has a term of four years with optional prepayment after three years at the earliest, subject to prior permission from the Danish FSA. The loan carries a floating semi-annual coupon rate of CIBOR6 plus a credit spread of 170 bps.

The loan agreement is a step in the ongoing optimisation of Vestjysk Bank’s capital structure.

Please direct any questions regarding this announcement to Jan Ulsø Madsen, CEO, on tel. (+45) 96 63 21 04.

Vestjysk Bank A/S


Kim Duus                                          Jan Ulsø Madsen
Chairman                                          CEO



Vestjysk Bank A/S
Industrivej Syd 13C
DK-7400 Herning
Tel.: +45 96 63 20 00

CVR no. 34 63 13 28

www.vestjyskbank.dk


GlobeNewswire

This information was distributed by GlobeNewswire https://www.globenewswire.com/