Pareto Bank ASA: Successful issuance of Additional Tier 1 bond

06 Mar 2023 16:45 CET

Issuer

Pareto Bank ASA

Pareto Bank ASA (Issuer rating BBB by Scope Ratings) has today issued new
Additional Tier 1 bond of NOK 300 million, with a floating rate. The coupon is
equal to 3 months Nibor + 5.00 percentage points, settlement is 13 March 2023.

The Additional Tier 1 bond has a perpetual structure with a first-time call
option for Pareto Bank 13th of June 2028, subject to an approval from the
Financial Supervisory Authority of Norway, if required.

The bonds will be applied for listing on Nordic ABM.

Danske Bank and SpareBank 1 Markets acted as Joint Lead Managers.

For further information, please contact:
CFO, Erling Mork, mob. +47 911 95 970

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


Source

Pareto Bank ASA

Provider

Oslo Børs Newspoint

Company Name

PARETO BANK, Pareto Bank ASA 18/PERP FRN C HYBRID, Pareto Bank ASA 18/23 FRN, Pareto Bank ASA 19/23 FRN, Pareto Bank ASA 19/29 FRN C SUB, Pareto Bank ASA 19/PERP FRN C HYBRID, Pareto Bank ASA 19/24 FRN, Pareto Bank ASA 20/25 FRN, Pareto Bank ASA 21/26 FRN, Pareto Bank ASA 21/24 FRN, Pareto Bank ASA 21/31 FRN C SUB, Pareto Bank ASA 22/26 2.70 pct, Pareto Bank ASA 22/25 FRN, Pareto Bank ASA 22/27 FRN, Pareto Bank ASA 22/PERP FRN C HYBRID, Pareto Bank ASA 22/32 FRN C SUB

ISIN

NO0010397581, NO0010822950, NO0010831126, NO0010846892, NO0010858541, NO0010858558, NO0010861909, NO0010892987, NO0010989155, NO0010989163, NO0011042244, NO0012424169, NO0012424144, NO0012424151, NO0012478397, NO0012478413, NO0012738626

Symbol

PARB

Market

Oslo Børs Nordic Alternative Bond Market