Sparebanken Sør: Contemplating issuance of Tier 2 bonds

23 Sep 2024 08:00 CEST

Issuer

Sparebanken Sør

Sparebanken Sør (Issuer rating A1/Positive by Moody’s) has mandated Danske Bank
and DNB Markets as Joint Lead Managers for a potential issuance of Tier 2 bonds
of up to NOK 600 million.

The Tier 2 bonds will have a floating and/or fixed rate coupon and 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.

The timing of the potential transactions is subject to market conditions. The
bank’s General Assembly has approved the potential bond issue.

Contact persons in Sparebanken Sør:
Geir-Are Kårvik, Head of Treasury, tel: +47 934 96 044
Eirik Letnes Wuttudal, tel: +47 905 10 964

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


Source

Sparebanken Sør

Provider

Oslo Børs Newspoint

Company Name

SPAREBANKEN SØR, Spb Sør Boligkreditt AS 24/29 FRN C COVD, Spb Sør 15/25 2,685%, Spb Sør 15/25 3,30%, Spb Sør 19/PERP FRN C HYBRID, Spb Sør 19/29 FRN C SUB, Spb Sør 19/24 2,44%, Spb Sør 20/26 FRN C, Spb Sør 20/30 FRN C SUB, Spb Sor 21/27 FRN C, Spb Sor 21/PERP FRN C HYBRID, Spb Sor 21/25 1.80 pct, Spb Sor 22/27 2.885pct, Spb Sor 22/27 FRN, Spb Sor 22/27 4.15pct, Spb Sor 22/PERP FRN C HYBRID, Spb Sor 22/26 FRN, Spb Sor 22/26 4.54pct, Spb Sor 22/32 ADJ C SUB, Spb Sor 22/28 FRN, Spb Sor 23/PERP FRN C HYBRID, Spb Sor 23/33 FRN SUB, Spb Sor 23/30 4,89%, Spb Sor 23/28 FRN, Spb Sor 23/33 FRN C SUB, Spb Sør 24/PERP FRN C HYBRID, Spb Sør 24/PERP ADJ C HYBRID, Spb Sør 24/34 ADJ C SUB, Spb Sør 23/28 5,67%

ISIN

NO0006001502, NO0013214841, NO0010735418, NO0010754849, NO0010867658, NO0010871247, NO0010872351, NO0010886781, NO0010887177, NO0010920788, NO0010936784, NO0011099764, NO0011147647, NO0012446493, NO0012446485, NO0012548926, NO0012548918, NO0012626946, NO0012703448, NO0012703455, NO0012721804, NO0012780909, NO0012780917, NO0012841800, NO0012843020, NO0012916909, NO0012916891, NO0012948928, NO0013162016, NO0013162008, NO0013209833, NO0013008052

Symbol

SOR

Market

Euronext Oslo Børs Nordic Alternative Bond Market