DANSKE BK 23/28 FLR MTNDANSKE BK 23/28 FLR MTNDANSKE BK 23/28 FLR MTN

DANSKE BK 23/28 FLR MTN

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Key terms


Outstanding amount
‪500.00 M‬EUR
Face value
1,000.00EUR
Minimum denomination
100,000.00EUR
Coupon
4.50% (Variable)
Coupon frequency
Annual
Yield to maturity
3.28%
Maturity date
Nov 9, 2028
Term to maturity
3 years

About DANSKE BK 23/28 FLR MTN


Sector
Finance
Industry
Major Banks
Issue date
Nov 9, 2023
ISIN
XS2715918020
Danske Bank A/S engages in the provision of services in the fields of banking, mortgage finance, insurance, pension, real-estate brokerage, asset management and trading in fixed income products, foreign exchange, and equities. It operates through the following segments: Personal and Business Customers, Large Corporates and Institutions, Danica Pension, Northern Ireland, Non-core, and Group Functions. The Personal and Business Customers segment serves personal customers and small and medium-sized corporates across all Nordic markets. The Large Corporates and Institutions segment deals with large corporate and institutional customers. The Danica Pension offers pension schemes, life insurance policies, and health insurance policies in Denmark and Norway. The Northern Ireland segment provides services to retail and commercial customers through a network of branches and business centers in Northern Ireland alongside digital channels. The Non-Core segment includes customer segments that are no longer considered part of the core business. The Group Functions segment represents the group treasury, group support functions and eliminations, including the elimination of returns on own shares and issues, as well as interest on additional tier 1 capital, which is reported as an interest expense in the business units. The company was founded by Gottlieb Hartvig Abrahamsson Gedalia on October 5, 1871, and is headquartered in Copenhagen, Denmark.
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