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Sparebanken Vest ( (SPIZF) ) has provided an announcement.
Sparebanken Norge, a Norwegian bank, has decided to exercise its call option on the bond issue SBNOR110 PRO, identified by ISIN NO0010917107. The bank will redeem the bond one year earlier than initially planned, moving the maturity date from 5 February 2027 to 5 February 2026 at a redemption price of 100, a move that may reflect active balance sheet and funding cost management in its capital structure.
More about Sparebanken Vest
Sparebanken Norge is a Norwegian financial institution operating in the banking sector, providing lending, savings, and treasury-related services to retail and corporate customers in its home market.
Average Trading Volume: 125,520
Current Market Cap: NOK33.92B
See more insights into SPIZF stock on TipRanks’ Stock Analysis page.