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Sparebanken Norge Secures NOK 500 Million in New Senior Preferred Bond Issue

Story Highlights
  • Sparebanken Norge issued a NOK 500 million senior preferred bond maturing in April 2031.
  • The new bond bolsters the bank’s long-term funding and underlines its market access.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Sparebanken Norge Secures NOK 500 Million in New Senior Preferred Bond Issue

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Sparebanken Vest ( (SPIZF) ) just unveiled an update.

Sparebanken Norge has raised NOK 500 million through the issuance of a new senior preferred bond maturing on 8 April 2031, carrying a floating rate coupon of three-month NIBOR plus 0.61 percentage points, with settlement set for 8 January 2026. The transaction, for which DNB Carnegie acted as sole manager, strengthens the bank’s long-term funding base and supports its liquidity and capital planning, underlining its continued access to the Norwegian bond market and ongoing engagement with institutional investors.

More about Sparebanken Vest

Sparebanken Norge is a Norwegian savings bank operating in the financial services sector, providing banking and treasury-related products and funding solutions primarily in the Norwegian capital market.

Average Trading Volume: 123,230

Current Market Cap: NOK34.31B

For detailed information about SPIZF stock, go to TipRanks’ Stock Analysis page.

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