Company Announcements

GrønlandsBANKEN A/S is exploring the possibility to issue Tier 2 capital

Source: GlobeNewswire
GrønlandsBANKEN A/S is exploring the possibility to issue Tier 2 capital

As part of the ongoing effort to optimize its capital structure, GrønlandsBANKEN A/S has decided to explore the possibility of issuing new Tier 2 capital.

If there is satisfactory market interest, the issue is expected to be completed before the end of the third quarter of 2024.

Nykredit Bank A/S has been mandated as sole lead arranger.

Please direct any questions to:
  
The Bank of Greenland
Martin Kviesgaard
Managing Director

Telephone: +299 34 78 02
E-mail: mbk@banken.gl

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