Contemplating issuance of Tier 2 capital and buy-back

09 Feb 2023 14:00 CET

SpareBank 1 Helgeland (rated A3 / Positive by Moody`s) has mandated DNB Markets
and SpareBank 1 Markets as Joint Lead Managers for a potential issuance of a NOK
200 million dated Tier 2 bond issue, subject to market conditions.

The Tier 2 issue will carry a floating coupon and have a first call option for
the issuer minimum 5 years after the settlement date, subject to approval from
the Financial Supervisory Authority of Norway, if required.

In conjunction with the new issuance, the issuer may consider a buy-back, in
whole or in parts, of the outstanding Tier 2 bond issue with ISIN NO0010820723
(HELG47 PRO).

The issuance is approved by the issuer’s board of trustees.

Mo i Rana, 9 February 2023

Contact persons in SpareBank 1 Helgeland:
CFO Anne Ekroll, tel +47 913 36 452
Head of Treasury Svenn Harald Johannessen, tel +47 958 52 440
Treasurer Sten Ove Lisø, tel +47 904 79 085

More information:
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