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Sparebanken Norge Issues NOK 300 Million Bond

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Sparebanken Norge Issues NOK 300 Million Bond

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

Sparebanken Norge has successfully issued a new senior preferred bond worth NOK 300 million, set to mature on August 20, 2035, with a fixed coupon rate of 4.46% per annum. This strategic financial move, managed solely by SEB, is expected to strengthen the bank’s financial position and provide long-term stability, potentially impacting its stakeholders positively.

The most recent analyst rating on (SPIZF) stock is a Buy with a NOK135.00 price target. To see the full list of analyst forecasts on Sparebanken Vest stock, see the SPIZF Stock Forecast page.

More about Sparebanken Vest

Average Trading Volume: 142,474

Current Market Cap: NOK27.93B

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

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