Eika Boligkreditt AS: Contemplating issuance of Additional Tier 1 bonds and buy-back

15 Jun 2023 09:00 CEST

Issuer

Eika Boligkreditt AS

Eika Boligkreditt AS (Issuer rating Baa1 with positive outlook by Moody’s) has
mandated DNB Markets and Nordea as Joint Lead Managers for a potential issuance
of Additional Tier 1 bonds of up to NOK 275 million with a floating rate coupon,
subject to market conditions.

The Additional Tier 1 bonds will have a perpetual tenor and have 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 issuer will consider buy-back, in whole
or parts, of the outstanding Additional Tier 1 bond issue with ticker EIKB77 PRO
(ISIN: NO0010835200).

The potential bond issue has been approved by the issuer’s general meeting.

Oslo, June 15th 2023

Eika Boligkreditt AS
Anders Mathisen, CFO tel. +47 489 91 891

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


Source

Eika Boligkreditt AS

Provider

Oslo Børs Newspoint

Company Name

Terra Boligkreditt AS 11/26 ADJ COVD, Terra Boligkreditt AS 13/28 4,00% COVD, Eika Boligkreditt AS 13/28 ADJ COVD, Eika Boligkreditt AS 16/31 2,25% COVD, Eika Boligkreditt AS 16/27 ADJ COVD, Eika Boligkreditt AS 18/33 ADJ COVD, Eika Boligkreditt AS 18/23 FRN COVD, Eika Boligkreditt AS 18/25 3,01%, Eika Boligkredit AS 18/PERP FRN C HYBRID, Eika Boligkreditt AS 19/26 2,87%, Eika Boligkreditt AS 19/24 FRN, Eika Boligkreditt AS 19/24 FRN COVD, Eika Boligkreditt AS 19/29 FRN C SUB, Eika Boligkreditt AS 20/25 FRN, Eika Boligkreditt AS 20/25 FRN COVD, Eika Boligkreditt AS 20/23 FRN, Eika Boligkreditt AS 20/24 FRN, Eika Boligkreditt AS 21/31 FRN C SUB, Eika Boligkreditt AS 21/24 FRN, Eika Boligkreditt AS 21/26 FRN COVD, Eika Boligkreditt AS 22/27 FRN COVD, Eika Boligkredit AS 22/PERP FRN C HYBRID, Eika Boligkreditt AS 22/32 FRN C SUB, Eika Boligkreditt AS 22/32 4.00pct COVD, Eika Boligkreditt AS 22/34 4.33pct COVD, Eika Boligkreditt AS 23/28 FRN COVD, Eika Boligkreditt AS 23/28 FRN

ISIN

NO0010625346, NO0010669922, NO0010687023, NO0010763022, NO0010780687, NO0010815376, NO0010821192, NO0010834716, NO0010835200, NO0010841620, NO0010845936, NO0010849433, NO0010863178, NO0010864333, NO0010874944, NO0010881162, NO0010891351, NO0010904642, NO0010917735, NO0010918113, NO0010921067, NO0011135105, NO0012475609, NO0012519703, NO0012618927, NO0012698432, NO0012708827, NO0012728643, NO0012807421, NO0012899915

Market

Euronext Oslo Børs Nordic Alternative Bond Market