Sparebanken Sogn og Fjordane: Contemplating issuance of Tier 2 bonds and buy-back

01 Mar 2023 12:09 CET

Issuer

Sparebanken Sogn og Fjordane

Sparebanken Sogn og Fjordane (Issuer rating A1 by Moody’s) has mandated Norne
Securities and SpareBank 1 Markets AS as manager to explore the opportunity to
issue a potential dated Tier 2 bond issue in the amount of NOK 300 million,
subject to market conditions.

The bond issue will have a first call option for the issuer after minimum 5
years, subject to an approval from the Financial Supervisory Authority of
Norway, if required.

In connection with this potential issuance of Tier 2 capital, the issuer will
consider buy-back, in whole or parts, of the outstanding Tier 2 issue with ISIN
NO0010826431 (SFSB67 PRO).

Førde, 1 March 2023

Contact person in Sparebanken Sogn og Fjordane:
CFO, Frode Vasseth telephone: +47 951 98 452


Source

Sparebanken Sogn og Fjordane

Provider

Oslo Børs Newspoint

Company Name

Spb Sogn og Fjordane 15/25 2,45%, Spb Sogn og Fjordane 18/28 FRN C SUB, Spb Sogn og Fjordane 18/29 FRN C SUB, Spb Sogn og Fjordane 18/23 2,60%, Spb Sogn og Fjordane 19/30 FRN C SUB, Spb Sogn og Fjordane 19/24 2,09%, Spb Sogn og Fjordan 19/PERP FRN C HYBRID, Spb Sogn og Fjordane 20/25 FRN, Spb Sogn og Fjordane 21/27 FRN C, Spb Sogn og Fjordane 21/31 1.91 pct, Spb Sogn og Fjordane 21/28 2.15 pct, Spb Sogn og Fjordane 21/25 FRN C, Spb Sogn og Fjordane 21/24 FRN, Spb Sogn og Fjordan 21/PERP FRN C HYBRID

ISIN

NO0010734858, NO0010826431, NO0010834443, NO0010835309, NO0010852007, NO0010863509, NO0010869522, NO0010891880, NO0010917271, NO0010922826, NO0010984180, NO0011036154, NO0011096554, NO0011084758

Market

Nordic Alternative Bond Market