UK markets open in 5 hours 40 minutes
  • NIKKEI 225

    28,975.36
    -212.81 (-0.73%)
     
  • HANG SENG

    28,755.34
    0.00 (0.00%)
     
  • CRUDE OIL

    61.65
    +0.22 (+0.36%)
     
  • GOLD FUTURES

    1,785.90
    +3.90 (+0.22%)
     
  • DOW

    33,815.90
    -321.41 (-0.94%)
     
  • BTC-GBP

    36,794.73
    -2,144.44 (-5.51%)
     
  • CMC Crypto 200

    1,168.74
    -74.31 (-5.98%)
     
  • ^IXIC

    13,818.41
    -131.81 (-0.94%)
     
  • ^FTAS

    3,965.04
    +29.40 (+0.75%)
     

Norwegian Finans Holding ASA: Bank Norwegian AS - Successful issuance of senior preferred bonds

  • Oops!
    Something went wrong.
    Please try again later.
Norwegian Finans Holding ASA
·1-min read
  • Oops!
    Something went wrong.
    Please try again later.

Bank Norwegian AS refers to the announcement on 8 March 2021. The bank has today issued two senior preferred bonds denominated in NOK and SEK with the following terms:


NOK 700 million with a 4 year tenor with a call option for the issuer after 3 years and quarterly thereafter, with a coupon equal to 3 months NIBOR + 1.45% p.a.

SEK 300 million with a 4 year tenor with a call option for the issuer after 3 years and quarterly thereafter, with a coupon equal to 3 months STIBOR + 1.40% p.a.


The settlement date for both issues is 18 March 2021. The bonds are issued under Bank Norwegian’s EMTN programme, and will be applied for listing on Oslo Stock Exchange.


SpareBank 1 Markets and Swedbank acted as joint lead managers.


Contact persons:

CFO Klara-Lise Aasen; phone +47 47 63 55 83; kaa@banknorwegian.no

Head of treasury Mats Benserud; phone +47 95 89 15 39; mbe@banknorwegian.no


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