Alm. Brand A/S has successfully placed Perpetual Restricted Tier 1 Capital Notes
NOT FOR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO ANY JURISDICTION WHERE THE DISTRIBUTION OR PUBLICATION OF THIS PRESS RELEASE WOULD BE UNLAWFUL
In accordance with the investor news dated 9 November 2026, the offering of the new Perpetual NC5.25-year Restricted Tier 1 Capital Notes (the “Notes”) was priced and subscribed today. Alm. Brand A/S has subsequently decided to issue notes for a nominal amount of DKK 325 million.
The issue of the Notes will be settled on 18 November 2026. The Notes will have a variable interest rate of 3M CIBOR +260bps per annum.
The first interest payment date will be 18 February 2027. The Notes are perpetual, but Alm. Brand A/S has the option, subject to the fulfilment of the redemption and purchase conditions set out in the terms and conditions of the Notes, to redeem the Notes at par on any day from (and including) 18 November 2031 to (and including) 18 February 2032, or on any Interest Payment Date thereafter.
The Notes are expected to be listed on Nasdaq Copenhagen on or prior to 30 June 2027.
Contact
Please direct any questions regarding this announcement to:
Investors and equity analysts:
VP, Head of Investor Relations & ESG
Mads Thinggaard
Mobile no, +45 2025 5469
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