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Nykredit Realkredit to issue euro-denominated benchmark senior nonpreferred bond

Denmark's Nykredit Realkredit A/S will issue a euro-denominated benchmark senior nonpreferred bond, a type of senior debt with the capacity to absorb losses in the event that the issuer falls into trouble.

The bank has mandated Bank of America ING, J.P. Morgan, Morgan Stanley and Nykredit Markets to arrange the issuance.