Important Updates on Nykredit and Totalkredit Auction Terms
Correction: Updates on Nykredit's and Totalkredit's Auction Terms
To Nasdaq Copenhagen
Introduction to the Auction Terms Correction
This notice serves to inform stakeholders about a correction to previously published auction terms related to the bonds DK0009549933 and DK0009549859. Originally set with a maturity date of 10 January 2029, the accurate maturity date is now established as 1 October 2029. This correction is due to an internal oversight, and the correct information is available in an attached document.
It's important to note that aside from this amendment, all other terms outlined in the initial documentation remain intact and unchanged. Investors and stakeholders can rest assured that the conditions for participating in these auctions are stable, excluding this crucial update regarding the maturity dates.
Contact Information for Further Inquiries
For any inquiries regarding the bond sale or related technical matters, representatives are available at Nykredit Realkredit A/S, specifically from Group Treasury. Morten Søby Willendrup can be reached directly at +45 44 55 16 92.
Additionally, for corporate communication-related questions, feel free to reach out to their communications department at +45 44 55 14 50. This keeps lines of communication open for interested parties, enabling prompt responses to any inquiries or concerns.
Eventual Auction Details
Details about the auction processes are outlined below. The offerings will be executed in line with the amended terms, and stakeholders should be aware that the number of purchasers must be sufficient for all covered bonds offered before determining the success of these auctions.
It’s essential to understand that Nykredit Group is under no obligation to sell the announced offering. The offering can be modified based on loan disbursements during the auction timeframe. Any potential changes or postponements will be communicated, ensuring transparency in the process.
On or before the second-last business day of the quarter, Nykredit will confirm whether sufficient demand exists from purchasers, and the market will be promptly notified through a company announcement regarding the outcomes.
Overview of Maturity Dates and Offering Details
Following this correction, please find below an overview of the maturity dates and the corresponding changes:
The offering will consist of both existing and new bonds as previously indicated. The complete table, detailing the settlement times and amounts offered for bonds issued through Capital Centres H and G, illustrates not only the updated maturity dates but also the interest rates and other related information.
Updated Auction Offerings
A detailed breakdown reflects the following key aspects:
- ISIN: DK0009549933, Capital Centre: SDO (H), Maturity Date: 01-10-2029, Auction Type: Yield, Offering: 11,800 million DKK
- ISIN: DK0009550006, Capital Centre: RO (G), Maturity Date: 01-04-2028, Auction Type: Yield, Offering: 9,600 million DKK
- ISIN: DK0009549859, Capital Centre: SDO (H), Maturity Date: 01-10-2029, Auction Type: Yield, Offering: 16,400 million DKK
- Various other bonds are included with similar terms and opportunities for participation.
Each of these details plays a crucial part in the planning and execution of the auction, aiming to provide clarity to investors and stakeholders involved.
Frequently Asked Questions
What changes have been made to the auction terms?
The correction states that the maturity date for bonds DK0009549933 and DK0009549859 has changed to 1 October 2029 from the previously listed 10 January 2029.
Who can I contact for more information regarding the auction?
Morten Søby Willendrup from Group Treasury can be contacted at +45 44 55 16 92 for inquiries about the bond sale.
Are there any obligations on Nykredit concerning the offering?
Nykredit is not obliged to sell the announced offerings, and the sales may be modified based on auction period disbursements.
When will the market be informed about the auction outcomes?
The market will be notified on or before the second-last business day of the quarter regarding the number of purchasers and the status of the bonds offered.
Where can I find more detailed auction information?
A comprehensive table with details regarding the offerings can be found within the attached documents, highlighting specific ISINs, Capital Centres, maturity dates, and other pertinent information.
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