Danske Bank A/S $3 Billion Notes Offering

Davis Polk advised the dealers in connection with the offering by Danske Bank of (i) $1.5 billion aggregate principal amount of 5.000% senior non-preferred notes due 2022 and (ii) $1.5 billion aggregate principal amount of 5.375% senior non-preferred notes due 2024.

Danske Bank is a leading financial services provider in Denmark and one of the largest in the Nordic region. Danske Bank offers its customers in Denmark and in its other markets a broad range of services that, depending on the market, include services in banking, mortgage finance, insurance, trading, leasing, real estate agency and investment management.

The Davis Polk U.S. corporate team included partner Reuven B. Young and associates Andrew Rowe and Grace M. Cao. European counsel John Taylor and associate James Harmer provided U.K. corporate advice. Members of the Davis Polk team are based in the London and Paris offices.