Awwal 07, 1432, Feb 10, 2011, SPA -- Danish lender Danske Bank A/S says it plans to raise 20 billion kroner ($3.7 billion) in a new share issue and pay back loans from the government, according to AP. The bank said it plans to launch the fully underwritten share issue by April 2011. Danske Bank and its subsidiary Realkredit Danmark had borrowed 24 billion kroner ($4.4 billion) and 2 billion kroner ($370 million) respectively from the Danish state. The bank said Thursday it has now asked the government to repay the capital in May 2012. It said the new share issue and prepayment of the loan will give it a «capital strength that places it among the best capitalized banks in Europe, in terms of quality as well as size.»
