Sparebanken Sør: Contemplating issuance of Additional Tier 1 bonds

10 Feb 2023 08:48 CET

Issuer

Sparebanken Sør

Sparebanken Sør (Issuer rating A1 with positive outlook by Moody's) has mandated
Nordea & Norne for a potential issuance of Additional Tier 1 bonds of NOK 125
million.

The Additional Tier 1 bonds will have a perpetual tenor 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.

The potential bond issue has been approved by the bank's board of trustees.

Kristiansand, 10 February 2023.

Contact person in Sparebanken Sør:

Geir-Are Kårvik, +47 934 96 044
Bjørn Erik Kittelsen, +47 909 28 663

This information is subject to the disclosure requirements pursuant to Section
5-12 in the Norwegian Securities Trading Act.


Source

Sparebanken Sør

Provider

Oslo Børs Newspoint

Company Name

SPAREBANKEN SØR, Spb Sør 15/25 2,685%, Spb Sør 15/25 3,30%, Spb Sør 16/PERP ADJ C HYBRID, Spb Sør 17/23 2,02%, Spb Sør 18/28 FRN C SUB, Spb Sør 18/24 2,46%, Spb Sør 19/PERP FRN C HYBRID, Spb Sør 19/29 FRN C SUB, SPB Sør 19/23 FRN, Spb Sør 19/24 2,44%, Spb Sør 20/26 FRN C, Spb Sør 20/30 FRN C SUB, Spb Sor 21/27 FRN C, Spb Sor 21/PERP FRN C HYBRID, Spb Sor 21/25 1.80 pct, Spb Sor 22/27 2.885pct, Spb Sor 22/27 FRN, Spb Sor 22/27 4.15pct, Spb Sor 22/PERP FRN C HYBRID, Spb Sor 22/26 FRN, Spb Sor 22/26 4.54pct, Spb Sor 22/32 ADJ C SUB, Spb Sor 22/28 FRN

ISIN

NO0006001502, NO0010735418, NO0010754849, NO0010768229, NO0010805385, NO0010825094, NO0010830631, NO0010832157, NO0010837313, NO0010867658, NO0010871247, NO0010872344, NO0010872351, NO0010886781, NO0010887177, NO0010920788, NO0010936784, NO0011099764, NO0011147647, NO0012446493, NO0012446485, NO0012548926, NO0012548918, NO0012626946, NO0012703448, NO0012703455, NO0012721804, NO0012780909, NO0012780917

Symbol

SOR

Market

Oslo Børs Nordic Alternative Bond Market