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Sparebanken Norge Issues NOK 500 Million Tier 2 Capital Bond

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Sparebanken Norge Issues NOK 500 Million Tier 2 Capital Bond

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

Sparebanken Norge has successfully issued a new NOK 500 million Tier 2 capital bond with a coupon of 3 months NIBOR + 1.20% p.a., set to settle on December 10th, 2025. This issuance, approved by the bank’s General Meeting, includes a first call option in 2031 and will be listed on Nordic ABM, potentially strengthening the bank’s capital position and market presence.

More about Sparebanken Vest

Average Trading Volume: 165,894

Current Market Cap: NOK30.96B

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

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