Tim Thranegaard

BRFkredit

BRFkredit is a mortgage credit institution that offers customers financial solutions and other services related to real property. BRFkredit offers mortgage loans against a mortgage on owner-occupied homes, commercial properties and subsidised housing. In the corporate lending segment, BRFkredit focuses on loans for office and business properties and for private rental and cooperative housing. Loans for residential purposes account for the majority af all lending. Funding BRFkredit finances the current lending by issuing covered bonds and mortgage bonds continuously, i.e. as tap issues. It is the borrower's choice of loan type that determines the type of bonds that BRFkredit issues as the Danish Mortgage Loans and Mortgage Bonds Act requires a very close link between the loans granted and the bonds issued. The bonds are bearer bonds issued in book-entry form registered at VP Securities Services (Værdipapircentralen, the Danish Securities Depository and Clearing Centre) or VP Lux VP in Luxembourg). The bonds are listed for trading on NASDAQ OMX Copenhagen (f.k.a. Copenhagen Stock Exchange).