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- Morrow Bank ASA – Contemplating Subordinated Tier 2 Bond Issuance
Morrow Bank ASA – Contemplating Subordinated Tier 2 bond issuance
03 Sep 2024 08:00 CEST
Issuer
Morrow Bank ASA
Morrow Bank ASA ("the Bank") has mandated Pareto Securities AS as arranger for a
potential issuance of a new dated subordinated Tier 2 bond issue of up to NOK
100 million, subject to market conditions.
The Tier 2 bond issue will have a floating rate and a tenor of 10 year with
first call option for the Bank 5 years after the issue date.
The new issue is approved by the issuer’s board of directors based on an
authorization granted by the general meeting held on 18 April 2024.
For further information, please contact:
CFO, Eirik Holtedahl Phone: +47 969 12 291
This information is subject to disclosure requirements pursuant to §5-12 of the
Norwegian Securities Trading Act.
More information:
Access the news on Oslo Bors NewsWeb site
Source
Morrow Bank ASA
Provider
Oslo Børs Newspoint
Company Name
MORROW BANK ASA, Komplett Bank ASA 20/PERP FRN C HYBRID, Komplett Bank ASA 21/31 FRN C SUB, Morrow Bank ASA 23/33 FRN C SUB
ISIN
NO0010694029, NO0010886542, NO0010941131, NO0012909235
Symbol
MOBA
Market
Oslo Børs Nordic Alternative Bond Market