Nykredit to sell Danish kroner-denominated floating-rate green bonds

By Angela McDaniels

Tacoma, Wash., June 4 – Nykredit Realkredit A/S plans to price Danish kroner-denominated floating-rate green covered bonds due April 1, 2023, according to a company news release.

The interest rate will be Cibor plus a reference rate spread with no interest rate floor.

The non-callable bonds will be issued out of Capital Centre G (RO) and registered with VP Securities A/S. The company will apply to list the bonds on Nasdaq Copenhagen A/S.

The final bond terms will be published in a separate stock exchange announcement.

Nykredit is a Copenhagen-based financial services company.

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