Nykredit Realkredit A/S is preparing for issuance of euro-denominated covered bonds (SDO)

Nykredit Realkredit A/S has appointed J.P. Morgan, Natixis, Nordea, Nykredit Markets and Unicredit to arrange a number of investor meetings across Europe for the purpose of issuing euro-denominated covered bonds (SDOs) through syndication.

Subject to market conditions, Nykredit Realkredit A/S intends to issue a benchmark-sized 5-year floating-rate note from Capital Centre H. The bonds will be is-sued with a coupon based on Euribor and an interest rate floor of 0%.

In line with Nykredit's other SDOs, the bonds will be issued under Nykredit's existing SDO programme, and the proceeds will be used to match-fund mortgage loans in the same currency as the bonds issued.
 
The bonds are expected to be assigned a AAA rating by Standard & Poor's.

 
Questions may be addressed to Nykredit Realkredit A/S, Group Treasury, Nicolaj Legind Jensen, Head of Funding, tel +45 44 55 11 10, or Morten Bækmand Nielsen, Head of Investor Relations, tel +45 44 55 15 21.

Vedhæftede filer:

Nykredit Realkredit is preparing for issuance of euro-denominated covered bonds - 23082017.pdf