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Storebrand ASA Plans Senior Unsecured Bond Issue

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Storebrand ASA Plans Senior Unsecured Bond Issue

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Storebrand ASA ( (GB:0NO0) ) just unveiled an update.

Storebrand ASA has announced the arrangement of a Group Investor Call with Danske Bank and SEB as Joint Lead Managers to discuss a potential senior unsecured bond issue. The bond, targeting a maturity of five years and a volume of up to NOK 500 million, is subject to market conditions and reflects Storebrand’s strategic financial initiatives to enhance its market positioning and operational capabilities.

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 player in the financial services industry, focusing on long-term savings and insurance. The company is dedicated to providing sustainable financial solutions tailored to individual customer needs. With a substantial presence in the Nordics, Storebrand serves approximately 40,000 corporate clients and 2 million individual customers, managing assets worth NOK 1,040 billion. Headquartered in Lysaker, Norway, Storebrand is listed on the Oslo Stock Exchange.

Average Trading Volume: 631,176

Current Market Cap: NOK66.52B

Learn more about 0NO0 stock on TipRanks’ Stock Analysis page.

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