To NASDAQ OMX Copenhagen A/S. 25 November 2013

Transcription

1 To NASDAQ OMX Copenhagen A/S 25 November 2013 New Final Bond Terms for Nykredit Realkredit A/S's Prospectus for bonds issued in pursuance of section 15 of the Danish Mortgage-Credit Loans and Mortgage-Credit Bonds etc. Act dated 22 March 2013 Nykredit Realkredit A/S publishes the Final Bond Terms for the Prospectus for bonds issued in pursuance of section 15 of the Danish Mortgage-Credit Loans and Mortgage-Credit Bonds etc. Act (junior covered bonds) dated 22 March 2013 (the "Prospectus"). The Prospectus and the Final Bond Terms constitute the terms of the bonds. Both of these documents are available at nykredit.com, in Danish and in English. In the event of discrepancies between the original Danish text and the English translation, the Danish text shall prevail. Enquiries may be addressed to Nicolaj Legind Jensen, First Vice President, tel , or Nels Petersen, Head of Corporate Communications, tel / Nykredit Realkredit A/S Kalvebod Brygge 1-3 DK-1780 Copenhagen V Tel Fax Nykredit Realkredit A/S CVR no Page 1/13

2 Final Bond Terms For bonds issued in pursuance of section 15 of the Danish Mortgage-Credit Loans and Mortgage-Credit Bonds etc. Act Nykredit Realkredit A/S EUR 500,000, % Bonds due 28 January

3 These Final Bond Terms apply to bonds issued in pursuance of section 15 of the Danish Mortgage-Credit Loans and Mortgage-Credit Bonds etc. Act (junior covered bonds). The Final Bond Terms exclusively apply to the ISINs listed in the tables. The bonds are issued under Nykredit Realkredit A/S's Prospectus for bonds issued in pursuance of section 15 of the Danish Mortgage-Credit Loans and Mortgage-Credit Bonds etc. Act. (junior covered bonds) dated 22 March 2013 ("Base Prospectus") and any addendums to the Base Prospectus. Nykredit represents: that the Final Bond Terms have been prepared in accordance with Article 5(4) of Directive 2003/71/EC and must be read in conjunction with the Base Prospectus and any addendums to the Base Prospectus; that the Base Prospectus and any addendums to the Base Prospectus have been published electronically at Nykredit's website, nykredit.com, and at the website of the Danish Financial Supervisory Authority, ftnet.dk; that in order to obtain all information an investor must read the Base Prospectus, any addendums to the Base Prospectus and the Final Bond Terms; and that the summary for the individual issue is annexed to the Final Bond Terms, however for this individual issue no summary has been prepared as the issue relates to the admission to trading on a regulated market of non-equity securities having a denomination of at least EUR 100,000. 2

4 FINAL BOND TERMS Date: 25 November 2013 Series: JCB-D Maturity/maturity date 62 months / 28 January 2019 Currency denomination: EUR Aggregate nominal amount: EUR 500,000,000 Interest rate: Return: The bonds carry a fixed Annual number of payment dates: 1 Annual fixed interest rate: 1.75% Annual interest rate spread: Reference rate: Interest rate fixing frequency: Interest rate fixing method: Interest rate fixing period: Day count convention: Interest payment date: Actual/actual (fixed fraction) 28 January in each year until (and including) maturity, first time on 28 January Long first coupon, total: EUR per EUR 1,000 Date of commencement of interest accrual: 28 November 2013 Information on the development of the money market rate forming the basis for the reference rate: Interest rate floor: Not relevant, as no interest rate floor applies to the bonds. Yield-to-maturity: 1.816% 3

5 Terms for bond issuance Offer period: Description of the subscription process: Restriction of the individual investor's right to subscribe for the bonds: Not relevant, as the bonds will be placed with the below mentioned joint lead managers as a private placement The bonds will be placed with the below mentioned joint lead managers pursuant to the terms of a subscription agreement dated 25 November Not relevant, as the bonds will be placed with the below mentioned joint lead managers as a private placement Denomination: EUR 100,000 (minimum trading unit) / EUR 1,000 (minimum additional registration unit) Offer price: % Accrued interest: Other expenses payable by bond purchasers: Listing: ISIN: None No expenses other than standard trading expenses will be payable by bond purchasers. The bonds will be admitted to listing on NASDAQ OMX Copenhagen A/S. Date of expected admission to listing: 25 November 2013.The issuer estimates the total expenses related to admission to trading to be EUR 10,000. LU (Common code: ) Securities depository: The bonds will be registered with: VP Lux S.à r.l., 32, Boulevard Royal, L-2449 Luxembourg. Value date: 28 November 2013 Agreements on the underwriting of the offer: Nykredit has entered into a binding agreement with the joint lead managers stated below: BNP Paribas 10 Harewood Avenue London NW1 6AA United Kingdom HSBC Bank plc 8 Canada Square London, E14 5HQ United Kingdom 4

6 UniCredit Bank AG Arabellastraße 12 D Munich Federal Republic of Germany Natixis 47, quai d Austerlitz Paris France Nykredit Bank A/S Kalvebod Brygge 1-3 DK-1780 Copenhagen V Denmark The joint lead managers have jointly and severally agreed to subscribe for the bonds. The subscription agreement entitles the joint lead managers to terminate it in certain circumstances prior to payment for the bonds being made to the issuer. Agreement on market making: Nykredit has not entered into any agreement with any enterprise concerning the quoting of bid and offer prices for the bonds. Other information on the bonds Capital Centre Information on the outstanding amount of bonds: Conflicts of interest: Authorisation and approval pursuant to which the bonds are issued: Credit rating of the bonds: Selling restrictions applying to investors related to the United States of America: The bonds are issued out of Nykredit's Capital Centre D. The outstanding amount is stated on NASDAQ OMX Copenhagen A/S's website at nasdaqomxnordic.com on a current basis. Nykredit has no notice of any conflicts of interest of importance to the offer of the bonds. The bonds are issued in pursuance of the authorisation granted by the Board of Directors on 18 April Bonds issued out of Nykredit's Capital Centre D are expected to be assigned a rating of A+ by Standard & Poor's Credit Markets Services. Regulation S, Category 2. TEFRA does not apply. The Final Bond Terms have been approved by Nykredit on 25 November Name: Title: Name: Title: 5

7 ISINS Table 1 ISIN Opening date LU Closing date Maturity date Currency Denomination Annual Payment Day count Payment denomination number of payment dates periods convention days EUR Annual Actual/Act. TARGET2 Table 2 ISIN Type of interest Interest rate (nominal) Floating interest rate LU Fixed 1.75% Interest rate fixing frequency Interest rate fixing period Reference rate Interest rate fixing method Interest rate spread Table 3 ISIN Amortisation profile Capital gains tax Bullet loan LU YES Table 4 ISIN Place of registration Place of listing VP Lux NASDAQ OMX Copenhagen A/S 6