Pareto Bank ASA (DE:8PB) has released an update.
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Pareto Bank ASA has determined a new interest rate of 9.35% for its perpetual subordinated bond (NO0013220947) for the period from August 6, 2024, to November 6, 2024. The adjustment is in line with the terms of the bond agreement and marks a significant update for investors holding the PARB53 PRO ticker securities.
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