SpareBank 1 SMN Announces New Tier 2 Bond Issue
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SpareBank 1 SMN Announces New Tier 2 Bond Issue

SpareBank 1 SMN (SRMGF) has released an update.

SpareBank 1 SMN has issued a new Tier 2 bond valued at NOK 400 million with a coupon rate of 3 months Nibor + 1.58%, set to settle on 12 September 2024. The bond, with a potential call option in 2029 pending regulatory approval, will be listed on Nordic ABM, facilitated by Nordea and SpareBank 1 Markets as Joint Lead Managers.

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

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