SpareBank 1 Nord-Norge: Successful issuance of Additional Tier 1 bond

13 Feb 2023 13:57 CET

Issuer

SpareBank 1 Nord-Norge

SpareBank 1 Nord-Norge has today issued new Additional Tier 1 bond of NOK 300
million, with a floating rate. The coupon is equal to 3 months Nibor + 3.10
percentage points, settlement is 21 February 2023.

The Additional Tier 1 issue has a perpetual structure with a first-time call
option for SpareBank 1 Nord-Norge 21th of February 2028, subject to an approval
from the Financial Supervisory Authority of Norway, if required.

The new issue has been approved by the Bank's general meeting. The bonds will be
applied for listing on Nordic ABM.

DNB and SpareBank 1 Markets acted as Joint Lead Managers.

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 2,13%, 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, 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