ABG Sundal Collier acted as Sole Lead Manager and Financial Advisor in connection with the DKK 138m rights issue in Salling Bank

Deal announcement

Today, Salling Bank announced the successful completion of a fully subscribed rights issue, raising gross proceeds of DKK 138m. In total, 99.6 percent was subscribed through the exercise of subscription rights. The net proceeds will be used to strengthen Salling Bank’s capital position and support future growth.

About Salling Bank

Salling Bank is a local Danish financial institution with a natural affiliation to the area around Skive in Jutland, Denmark. Salling Bank provides traditional banking services related to deposits and loans as well as solutions within investments, pension and insurance. Salling Bank has 25,250 customers and a total balance sheet of approx. DKK 3.3bn