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.
Chairman CEO
Industrivej Syd 13C
DK-7400 Herning
Tel.: +45 96 63 20 00
CVR no. 34 63 13 28
www.vestjyskbank.dk
© OMX, source