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Gjensidige Forsikring ASA ( (GB:0OJC) ) has shared an update.
Gjensidige Forsikring ASA has successfully issued a NOK 1,200 million Restricted Tier 1 bond, which was significantly oversubscribed. This bond, expected to be rated BBB by S&P, will have a floating rate coupon and a perpetual tenor with a call option after 5.5 years, enhancing the company’s financial flexibility and market position.
The most recent analyst rating on (GB:0OJC) stock is a Hold with a NOK274.76 price target. To see the full list of analyst forecasts on Gjensidige Forsikring ASA stock, see the GB:0OJC Stock Forecast page.
More about Gjensidige Forsikring ASA
Gjensidige is a leading Nordic insurance group listed on the Oslo Stock Exchange, employing approximately 4,700 full-time staff. The company offers insurance products across Norway, Denmark, Sweden, and the Baltic states, and provides pension and savings solutions in Norway. In 2024, Gjensidige reported insurance revenue of NOK 39 billion and total assets of NOK 171 billion.
Average Trading Volume: 303,506
Current Market Cap: NOK142.1B
For detailed information about 0OJC stock, go to TipRanks’ Stock Analysis page.