SpareBank 1 Nord-Norge: Contemplating issuance of Additional Tier 1 bonds and buy back

10 Feb 2023 14:15 CET

Issuer

SpareBank 1 Nord-Norge

SpareBank 1 Nord-Norge (Issuer rating Aa3 by Moody’s) has mandated DNB Markets
and SpareBank 1 Markets as Joint Lead Managers for issuance of a perpetual
Additional Tier 1 bonds of NOK 300 million.

The Additional Tier 1 bonds will have floating rate and a first call option for
the issuer minimum 5 years after the issue date, subject to an approval from the
Financial Supervisory Authority of Norway, if required.

In conjunction with the new issue, the bank will consider buy-back, in whole or
parts, of the outstanding Additional Tier 1 bond issue with ticker NONG95 PRO
(ISIN: NO0010830342).

The timing of the transaction is subject to market conditions.

SpareBank 1 Nord-Norge contact person:
Ronny Løvberg Sørensen, Head of Treasury, +47 971 05 220


Source

SpareBank 1 Nord-Norge

Provider

Oslo Børs Newspoint

Company Name

SPAREBANK 1 NORD-NORGE, Spb 1 Nord-Norge 13/23 4,05%, Spb 1 Nord-Norge 17/23 2,40%, Spb 1 Nord-Norge 17/23 2,13%, Spb 1 Nord-Norge 18/24 2,45%, Spb 1 Nord-Norge 18/23 FRN, Spb 1 Nord-Norge 18/28 FRN C SUB, Spb 1 Nord-Norge 18/PERP FRN C HYBRID, Spb 1 Nord-Norge 19/24 2,37%, Spb 1 Nord-Norge 19/29 FRN C SUB, Spb 1 Nord-Norge 19/25 1,92%, Spb 1 Nord-Norge 19/24 FRN, Spb 1 Nord-Norge 20/25 FRN, Spb 1 Nord-Norge 20/26 FRN C, Spb 1 Nord-Norge 21/27 FRN C, Spb 1 Nord-Norge 21/28 FRN C, Spb 1 Nord-Norge 21/32 FRN C SUB, Spb 1 Nord-Norge 22/PERP FRN C HYBRID, Spb 1 Nord-Norge 22/25 FRN

ISIN

NO0006000801, NO0010695018, NO0010785892, NO0010810930, NO0010816812, NO0010830649, NO0010830334, NO0010830342, NO0010851355, NO0010852262, NO0010861032, NO0010870967, NO0010886666, NO0010887276, NO0010917123, NO0010947229, NO0010958127, NO0012428152, NO0012747098

Symbol

NONG

Market

Oslo Børs Nordic Alternative Bond Market