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Sparebanken Norge Bolsters Capital with NOK 400 Million AT1 Bond Issue

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Sparebanken Norge Bolsters Capital with NOK 400 Million AT1 Bond Issue

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Sparebanken Vest ( (SPIZF) ) has shared an announcement.

Sparebanken Norge has strengthened its capital base by issuing a new NOK 400 million Additional Tier 1 (AT1) capital bond, carrying a floating coupon of three-month NIBOR plus 2.20% annually, with settlement set for 15 January 2026 and a first call option on 15 April 2031, subject to regulatory approval. The issue, which has been approved by the bank’s general meeting and will be applied for listing on Nordic ABM, underscores the bank’s continued access to capital markets and supports its regulatory capital position, with Danske Bank, DNB, Carnegie and Norne Securities acting as joint lead managers.

More about Sparebanken Vest

Sparebanken Norge is a Norwegian savings bank operating in the domestic financial services sector, providing retail and corporate banking products and funding itself in the capital markets through various debt instruments.

Average Trading Volume: 128,951

Current Market Cap: NOK33.13B

Find detailed analytics on SPIZF stock on TipRanks’ Stock Analysis page.

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