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Vestjysk Bank A/S has signed a loan agreement for DKK 350 million in Senior Non-Preferred Debt

Vestjysk Bank A/S
·1-min read
Vestjysk Bank A/S
Vestjysk Bank A/S

Vestjysk Bank A/S has signed a loan agreement for DKK 350 million in Senior Non-Preferred Debt with a value date of 20 May 2022.

The loan has a term of five years with optional prepayment after four 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 200 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


Jan Ulsø Madsen

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