The refinancing of Nordea Kredit's (CSE:NDAR) adjustable rate mortgages maturing on 1 October 2012 will be carried out by an auction of covered mortgage bonds (SDRO).
The dates of the auction and the terms and conditions were published in company announcement No. 72 to the NASDAQ OMX Copenhagen on 20 July 2012
The auctions will take place Tuesday 4 September up to and including Thursday 6 September 2012
The bonds are rated Aaa by Moody's and AAA by Standard & Poor's,
The auctions will open daily at 10:00 and close at 11:00 and 13:30, respectively with allocation of accepted bids at 11:10 and 13:40, respectively.
The settlement date is 1 October 2012.
Nordea Kredit Realkreditaktieselskab
This information was brought to you by Cision http://www.cisionwire.com
Nordea Group Funding
phone no. +45 3333 1625
phone no. +45 3333 1663.