SpareBank 1 SMN (SRMGF) has released an update.
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SpareBank 1 SMN has successfully issued a perpetual bond loan totaling NOK 450 million, with plans to list it on the Nordic ABM. The bond, with a coupon rate tied to the 3-month Nibor plus 2.85%, is set for payment in 2024 and may be called by the issuer starting 2030, pending regulatory approval. DNB Markets and SpareBank 1 Markets facilitated the transaction.
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