Danske Bank to issue senior debt when attractive- CEO

COPENHAGEN |
Thu Feb 9, 2012 5:31am EST

COPENHAGEN Feb 9 (Reuters) – Danske Bank
said on Thursday that it would issue senior debt when markets
are attractive.

“Currently, funding markets have seen a certain
improvement,” Chief Executive Peter Straarup said at a press
briefing after the bank reported fourth-quarter results below
consensus estimates.

“When we estimate that markets are attractive, Danske Bank
will also take the opportunity to issue senior debt,” Straarup
said.

The bank has currently covered about half of its funding
plan for 2012, Straarup said.

(Reporting by Copenhagen Newsroom; Editing by Erica Billingham)

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