Copenhagen, 10 November 2010 1(1) Kalmar Structured Finance A/S Secured Notes III due 2011 Class Security Code Initial Interest Rate Final Maturity Date Principal Amount A1 XS0234117504 EUR 4,250,000 3 month EURIBOR + 0.60% 20 April 2011 A2 XS0234119112 SEK140,000,000 3 month STIBOR + 0.70% 20 April 2011 B1 XS0234128709 EUR 6,015,000 3 month EURIBOR + 1.75% 20 April 2011 B2 XS0234131083 SEK65,000,000 4.97% 20 April 2011 C XS0234134004 EUR 8,255,000 3 month EURIBOR + 3.60% 20 April 2011 D XS0234134772 EUR 5,940,000 3 month EURIBOR + 15.00% 20 April 2011 CREDIT EVENT NOTICE Nordea Bank Danmark A/S, acting as the Arranger of the above mentioned issue, has on 10 November 2010 become aware of an occurrence of a Credit Event (as defined in the Offering Circular) concerning the following X Reference Entity: - Ambac Financial Group Inc. On 8 November 2010, Ambac Financial Group Inc. filed for bankruptcy protection. Such action qualified as Bankruptcy according to the definitions and provisions contained in Section 4.2 of the 2003 ISDA Credit Derivatives Definitions published by the International Swaps and Derivatives Association (“ISDA”). The Credit Event will affect the Outstanding Principal Amount of the Class D Notes III. This credit event notification is effective on 10 November 2010. For further information please contact Mads Ibsen, Nordea Markets, on +45 33 33 53 71. Nordea is the leading financial services group in the Nordic and Baltic Sea region and operates through three business areas: Retail Banking, Corporate and Institutional Banking and Asset Management & Life. The Nordea Group has almost 11 million customers and 1,150 branch offices. The Nordea Group is a world leader in Internet banking, with 4.1 million e-customers. The Nordea share is listed in Stockholm, Helsinki and Copenhagen. www.nordea.com
Kalmar Structured Finance A/S - Credit Event Notice
| Quelle: Kalmar Structured Finance A/S