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BRIEF-Jyske Bank explores the possibilities of issuing tier 2 capital
March 20, 2017 / 9:58 AM / 8 months ago

BRIEF-Jyske Bank explores the possibilities of issuing tier 2 capital

March 20 (Reuters) - Jyske Bank A/S:

* Jyske bank explores the possibilities of issuing subordinated tier 2 capital in euro

* Larger part of capital adjustment process is expected to be completed by end of 2017

* Mandated BNP paribas, Danske Bank, Goldman Sachs and LBBW to arrange series of investor meetings across Europe to explore possibilities of issuing subordinated tier 2 capital in euro

* A 12nc7 300 million euro ($323 million) bond issue will follow, subject to market conditions Source text for Eikon:

Further company coverage: ($1 = 0.9296 euros) (Gdynia Newsroom)

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