Storebrand Bank ASA: Successful new Tier 2 bond issuance

Storebrand Bank ASA has today issued a new dated tier 2 bond issue of NOK 300 million, with a coupon equal to 3 months NIBOR +113. ISIN:NO0013759001.

The new Tier 2 bond has a tenor of 10.5 years with a first call option after 5.25 years. The bond will be applied for listing on Nordic ABM and the settlement date will be 20 August 2026.

The bond issue is approved by the board and the general meeting in the bank.

Danske Bank and SB1 Markets acted as arrangers for the bond issue.

Contact information: Einar Andreas Leikanger, Head of Treasury, Storebrand Bank ASA, tel.: +47 934 203 79

This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.

More information: Access the news on Oslo Bors NewsWeb site