SpareBank 1 SMN (SRMGF) has released an update.
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SpareBank 1 SMN, rated Aa3 by Moody’s, is planning to issue up to NOK 400 million in Tier 2 bonds through Nordea and SpareBank 1 Markets. These bonds will offer flexible interest rates and include a first call option after a minimum of five years, contingent on regulatory approval. The move highlights SpareBank 1 SMN’s strategic financing activities in the current market.
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