NEW ISSUE: Nykredit Realkredit € bmk 7.25yr SNP; MS+125a
IGC European Market: Deal Flow - General
Issuer
Term
Maturity
Size
Ranking
Type
IPT
ISIN
Nykredit Realkredit
7.25yr
26-Sep-33
bmk
SNP
Fixed
MS+125a
DK0030566781
IPTs: 7.25yr: MS+125a
Issuer:Nykredit Realkredit A/S (ticker: NYKRE)
LEI: LIU16F6VZJSD6UKHD557
Issuer Ratings: A+/AA (S&P/Fitch)
Expected Issue Ratings: BBB+/A+ (S&P/Fitch)
Status: Direct and unsecured debt obligations of the Issuer and shall at all times rank: (i) pari passu without any preference among themselves; (ii) pari passu with any other obligations or instruments of the Issuer that rank or are expressed to rank pari passu with the Notes; (iii) senior to holders of the Issuer’s ordinary shares and any subordinated obligations or capital instruments of the Issuer; (iv) junior to present or future claims of unsubordinated creditors of the Issuer, as provided for in Condition 4(b) (Status of the Notes)
Size: € Benchmark
Pricing Date: 17-Jun-26
Settle: 26-Jun-26 (T+7)
Maturity Date: 26-Sep-33
Coupon: Fixed, Annually, Act/Act ICMA, short first
Regulatory Call: Applicable
Tax Call: Applicable
Substitution and Variation: Applicable
Statutory Loss Absorption: Upon the occurrence of a Resolution Event, the Outstanding Principal Amounts of such Notes may be written-down permanently (in whole or in part) or such Notes may be converted (in whole or in part) into a subordinated instrument of the Issuer, all as determined by the Relevant Regulator and/or the DanishResolution Authority as described, and subject as provided for in Condition 6 (Loss absorption following a Resolution Event).
Documentation: €15bn Euro Medium Term Note Programme (base prospectus dated 08-May-26, the “Base Prospectus”)
Joint Lead Managers: BBVA, BNP Paribas, Helaba, Morgan Stanley, Nykredit Bank
Selling Restrictions: US (Reg S = Cat 2 / TEFRA = N/A), UK, Denmark, Japan. No EU PRIIPs key information document (KID) and no UK disclosure document required by DISC have been prepared as the notes are not available to retail in EEA or UK.
Target Market: Manufacturer target market (MiFID II/ UK MiFIR product governance) is eligible counterparties and professional clients only (all distribution channels).
Advertisement: This communication is an advertisement and is not a prospectus. The Base Prospectus, and the supplements thereto, and the Final Terms (when published) are available at https://www.nykredit.com/en-gb/investor-relations/