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SpareBank 1 Nord-Norge Issues NOK 200 Million Tier 2 Bond

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SpareBank 1 Nord-Norge Issues NOK 200 Million Tier 2 Bond

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SpareBank 1 Nord-Norge ( (SPXXF) ) has issued an announcement.

SpareBank 1 Nord-Norge has issued a Tier 2 bond worth NOK 200 million, with an interest rate of 3 months NIBOR plus 1.30% annually, and a first-time call option available on December 18, 2030. This strategic move, approved by the company’s Supervisory Board, aims to strengthen its financial position and is expected to be listed on Nordic ABM, potentially impacting its market presence and stakeholder interests.

The most recent analyst rating on (SPXXF) stock is a Hold with a NOK123.00 price target. To see the full list of analyst forecasts on SpareBank 1 Nord-Norge stock, see the SPXXF Stock Forecast page.

More about SpareBank 1 Nord-Norge

SpareBank 1 Nord-Norge operates in the financial services industry, providing banking and financial solutions primarily in the Nord-Norge region. The company focuses on offering a range of financial products and services to its customers.

Average Trading Volume: 117,031

Current Market Cap: NOK13.8B

See more data about SPXXF stock on TipRanks’ Stock Analysis page.

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