Totalkredit A/S
Determination of interest rate trigger
Totalkredit A/S 02.06.2015 13:10 Dissemination of a Adhoc News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- On 1 April 2014, new rules on the refinancing of Danish covered bonds entered into force. Under the new rules, the maturity of 1Y bullet covered bonds that fund adjustable-rate mortgage (ARM) loans with annual interest rate adjustment must be extended if -- the yield-to-maturity of the bonds will be more than 5 percentage points higher than at the last refinancing (interest rate trigger), or -- there are insufficient buyers for the bonds (failed refinancing trigger). The Nykredit Group has finished its bond sales in connection with the refinancing of ARMs with 1Y funding with interest rate adjustment as at 1 July 2015, and none of the above-mentioned triggers were activated. The interest rate level for 1Y bullet covered bonds which can trigger maturity extension at next year's refinancing has been fixed. ISIN Interest rate trigger ------------------------------------ DK000950068-8 5.01% ------------------------------------ Detailed information on interest rate triggers is available at nykredit.com. Information on bond sales is available at nykredit.com/ir. Enquiries may be addressed to Lars Mossing Madsen, Group Treasury, tel +45 44 55 11 66, or Corporate Communications, tel +45 44 55 14 50. News Source: NASDAQ OMX 02.06.2015 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: Totalkredit A/S Denmark Phone: Fax: E-mail: Internet: ISIN: DK0004700580 WKN: End of Announcement DGAP News-Service ---------------------------------------------------------------------------
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