Eika Boligkreditt AS: Contemplating issuance of subordinated Tier 2 bonds and buy-back

17 Jun 2024 15:35 CEST

Issuer

Eika Boligkreditt AS

Eika Boligkreditt AS (Issuer rating A3 with stable outlook by Moody’s) has
mandated DNB Markets as Sole Manager for a potential issuance of a dated
subordinated Tier 2 bond issue of NOK 250 million with a floating rate coupon,
subject to market conditions.

The subordinated Tier 2 bonds will 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 2 bond issue with ticker EIKB83 PRO
(ISIN: NO0010864333).

The potential bond issue has been approved by the issuer’s general meeting and
the Financial Supervisory Authority of Norway.

Oslo, 17 June 2024

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


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 19/24 FRN COVD, Eika Boligkreditt AS 20/25 FRN COVD, Eika Boligkreditt AS 21/26 FRN COVD, Eika Boligkreditt AS 22/27 FRN COVD, 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 24/29 FRN C COVD, Eika Boligkreditt AS 18/25 3,01%, Eika Boligkreditt AS 19/26 2,87%, Eika Boligkreditt AS 19/24 FRN, Eika Boligkreditt AS 19/29 FRN C SUB, Eika Boligkreditt AS 20/25 FRN, Eika Boligkreditt AS 20/24 FRN, Eika Boligkreditt AS 21/31 FRN C SUB, Eika Boligkredit AS 22/PERP FRN C HYBRID, Eika Boligkreditt AS 22/32 FRN C SUB, Eika Boligkreditt AS 23/28 FRN, Eika Boligkredit AS 23/PERP FRN C HYBRID, Eika Boligkreditt AS 23/26 FRN, Eika Boligkreditt AS 24/27 FRN

ISIN

NO0010625346, NO0010669922, NO0010687023, NO0010763022, NO0010780687, NO0010815376, NO0010863178, NO0010881162, NO0010921067, NO0011135105, NO0012475609, NO0012708827, NO0012728643, NO0012807421, NO0013135301, NO0010834716, NO0010841620, NO0010849433, NO0010864333, NO0010874944, NO0010904642, NO0010917735, NO0012519703, NO0012618927, NO0012698432, NO0012899915, NO0012947433, NO0013013979, NO0013101576, NO0013251207

Market

Euronext Oslo Børs Nordic Alternative Bond Market