Sparebanken Norge Issues NOK 1 Billion Senior Non-Preferred Bond

The latest announcement is out from Sparebanken Vest ( (SPIZF) ).

Sparebanken Norge has strengthened its market-based funding by issuing a new NOK 1 billion senior non-preferred bond with a fixed annual coupon of 5.18%, maturing on April 20, 2029. The transaction, managed solely by DNB Carnegie, enhances the bank’s long-term funding profile and supports its regulatory capital position, underscoring continued access to the Norwegian bond market and providing visibility for investors in the bank’s debt instruments.

By securing this fixed-rate funding over a three-year period from the settlement date of April 20, 2026, Sparebanken Norge improves predictability of interest costs and demonstrates investor confidence in its credit quality. The issuance may contribute to bolstering the bank’s loss-absorbing capacity in line with regulatory requirements, potentially reinforcing its resilience and stability for creditors and other stakeholders.

More about Sparebanken Vest

Sparebanken Norge is a Norwegian financial institution operating in the banking sector, providing lending, savings and other financial services to customers in Norway. The bank focuses on funding its operations through capital market instruments, including senior non-preferred bonds that support its regulatory capital and funding structure within the Norwegian securities market.

Average Trading Volume: 140,665

Current Market Cap: NOK36.02B

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