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SpareBank 1 SMN to Redeem Subordinated Loan Early

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SpareBank 1 SMN to Redeem Subordinated Loan Early

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SpareBank 1 SMN ( (SRMGF) ) just unveiled an update.

SpareBank 1 SMN has announced its decision to early redeem its senior subordinated loan with ISIN NO0010891757 at par value, amounting to 1,000 million kroner. This move, approved by the Financial Supervisory Authority, is set to be settled by September 2, 2025, potentially impacting the bank’s financial strategy and stakeholder interests.

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: 104,477

Current Market Cap: NOK27.67B

For a thorough assessment of SRMGF stock, go to TipRanks’ Stock Analysis page.

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