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Storebrand ASA ( (GB:0NO0) ) just unveiled an announcement.
Storebrand ASA has successfully issued a NOK 500 million 5-year bond with a floating rate coupon, intended for general corporate purposes and listing on Nordic ABM. This move, managed by Danske Bank and SEB, reflects Storebrand’s strategic financial management and could enhance its market position by providing additional capital for growth and operations.
The most recent analyst rating on (GB:0NO0) stock is a Sell with a NOK135.00 price target. To see the full list of analyst forecasts on Storebrand ASA stock, see the GB:0NO0 Stock Forecast page.
More about Storebrand ASA
Storebrand ASA is a prominent financial services company in the Nordics, specializing in long-term savings and insurance solutions. With a focus on providing financial freedom and security, Storebrand serves approximately 40,000 corporate customers and 2 million individual customers. The company is headquartered in Lysaker, Norway, and manages assets worth NOK 1,040 billion. It is listed on the Oslo Stock Exchange.
Average Trading Volume: 628,615
Current Market Cap: NOK67.3B
For a thorough assessment of 0NO0 stock, go to TipRanks’ Stock Analysis page.