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SpareBank 1 Nord-Norge’s New Perpetual Loan Issuance
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SpareBank 1 Nord-Norge’s New Perpetual Loan Issuance

SpareBank 1 Nord-Norge (SPXXF) has released an update.

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SpareBank 1 Nord-Norge has successfully issued a new perpetual subordinated loan worth NOK 200 million, with a coupon rate tied to the 3-month Nibor plus 2.80% annually. This financial move, arranged by DNB Markets, is set to enhance the bank’s capital structure and is planned to be listed on the Nordic ABM.

For further insights into SPXXF stock, check out TipRanks’ Stock Analysis page.

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