On 2 July 2010, Max Bank will issue a three-year floating-rate bond loan in the
nominal amount of DKK 600m, see enclosed information material.
The bond loan, which is senior capital, carries interest based on 3 months'
CIBOR. The interest rate is fixed two banking days prior to the beginning of
each interest payment period. The interest rate for the initial interest
payment period has been fixed at 1.3625% per year. The loan is repayable on 2
July 2013 unless the bonds have been repaid prior to this date.
This issue is made within Max Bank's individual limit for government-guaranteed
loan issues, see agreement with Finansiel Stabilitet A/S (the Financial
Stability Company).
The bond loan, which has been pre-taken by institutional investors, will be
quoted on NASDAQ OMX under ISIN code DK0030255278.
Any questions should be submitted to Flemming Jørgensen, Finance and Investment
Manager, or Henrik Lund, Chief Executive Officer.
Yours faithfully
Max Bank A/S
Flemming Jørgensen
Finance and Investment Manager
Phone + 45 55 78 01 41
E-mail fj@maxbank.dk
Stock exchange announcement no 22/2010
