Nykredit aligns ‘senior resolution notes’ with EC proposal

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Nykredit aligns ‘senior resolution notes’ with EC proposal

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Nygredit bank in the danish town of Koege. | Lars Halbauer/DPA/PA Images

Nykredit Realkredit has made sure that all of its ‘senior resolution notes’ will become non-preferred senior debt if Denmark updates bank insolvency hierarchies in line with a recent proposal from the European Commission.

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