Protector Forsikring ASA Issues NOK 350 Million Tier 1 Bond

Protector Forsikring ASA ( (PSKRF) ) just unveiled an announcement.

Protector Forsikring ASA has successfully issued a NOK 350 million Solvency II compliant Perpetual Restricted Tier 1 bond, with a pricing of 3m NIBOR + 260bps. This bond, which will be listed on Oslo Børs, is expected to enhance the company’s financial stability and regulatory compliance, potentially impacting its market standing positively.

The most recent analyst rating on (PSKRF) stock is a Hold with a NOK544.00 price target. To see the full list of analyst forecasts on Protector Forsikring ASA stock, see the PSKRF Stock Forecast page.

More about Protector Forsikring ASA

Protector Forsikring ASA operates in the insurance industry, providing a range of insurance products and services. The company is focused on maintaining a strong market position, as evidenced by its A- (Excellent) rating with a Stable outlook from AM Best.

Average Trading Volume: 96,334

Current Market Cap: NOK38.05B

See more insights into PSKRF stock on TipRanks’ Stock Analysis page.