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An update from Sparebanken Vest ( (SPIZF) ) is now available.
Sparebanken Norge has issued a new NOK 450 million Tier 2 capital bond with a coupon rate tied to the 3-month NIBOR plus 1.45% per annum. This strategic financial move, approved by the bank’s General Meeting, aims to strengthen the bank’s capital structure and is expected to be listed on Nordic ABM, with Danske Bank and Nordea as Joint Lead Managers.
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: 195,601
Current Market Cap: NOK25.62B
For a thorough assessment of SPIZF stock, go to TipRanks’ Stock Analysis page.