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SpareBank 1 SMN Issues New Tier 2 Bond

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SpareBank 1 SMN Issues New Tier 2 Bond

Confident Investing Starts Here:

SpareBank 1 SMN ( (SRMGF) ) has provided an announcement.

SpareBank 1 SMN has issued a new Tier 2 bond worth NOK 100 million, with a coupon rate of 3 months Nibor plus 1.38 percentage points annually. The bond, approved by the issuer’s supervisory board, will be listed on Nordic ABM and has a call option for the bank on 30 September 2030, pending approval from the Financial Supervisory Authority of Norway.

The most recent analyst rating on (SRMGF) stock is a Hold with a NOK171.00 price target. To see the full list of analyst forecasts on SpareBank 1 SMN stock, see the SRMGF Stock Forecast page.

More about SpareBank 1 SMN

Average Trading Volume: 142,601

Current Market Cap: NOK27.17B

For detailed information about SRMGF stock, go to TipRanks’ Stock Analysis page.

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