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Ratings On Saxo Bank's Euro Medium-Term Note Program Withdrawn At The Issuer's Request

Published Jul 01, 2026

3 pages (1245 words) — Published Jul 01, 2026

Price US$ 150.00 | Buy this Report Now

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Abstract:

FRANKFURT (S&P Global Ratings) July 1, 2026--S&P Global Ratings today said it withdrew its ratings on Denmark-based Saxo Bank A/S' €2 billion euro medium-term note (EMTN) program at the issuer's request. We continue to rate two outstanding issuances drawn from the EMTN program: €150 million senior nonpreferred debt issuance maturing in March 2028 and rated at 'BBB-'; and €100 million subordinated debt issuance maturing in August 2034 and rated at 'BB+'. Criteria Financial Institutions General: Risk-Adjusted Capital Framework Methodology , May 5, 2026 General Criteria: Hybrid Capital: Methodology And Assumptions , Oct. 13, 2025 Criteria Financial Institutions Banks: Banking Industry Country Risk Assessment Methodology And Assumptions , Dec. 9, 2021 Criteria Financial Institutions General: Financial Institutions Rating

Brief Excerpt:

...July 1, 2026 FRANKFURT (S&P Global Ratings) July 1, 2026--S&P Global Ratings today said it withdrew its ratings on Denmark-based Saxo Bank A/S' 2 billion euro medium-term note (EMTN) program at the issuer's request. We continue to rate two outstanding issuances drawn from the EMTN program:...

Report Type:

Ratings Action

Issuer

Saxo Bank A/S

Sector

Global Issuers

Country

Denmark

Region

Europe, Middle East, Africa

Format:

PDF

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MLA:	S&P Global Ratings’ Credit Research. "Ratings On Saxo Bank's Euro Medium-Term Note Program Withdrawn At The Issuer's Request" Jul 01, 2026. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Ratings-On-Saxo-Bank-s-Euro-Medium-Term-Note-Program-Withdrawn-At-The-Issuer-s-Request-3588736>

APA:	S&P Global Ratings’ Credit Research. (). Ratings On Saxo Bank's Euro Medium-Term Note Program Withdrawn At The Issuer's Request Jul 01, 2026. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Ratings-On-Saxo-Bank-s-Euro-Medium-Term-Note-Program-Withdrawn-At-The-Issuer-s-Request-3588736>

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