Sparebanken Øst: Successful issuance of Tier 2 bonds

01 Nov 2024 16:40 CET

Issuer

Sparebanken Øst

Sparebanken Øst has today issued a new Tier 2 bond issue of NOK 100 million,
with a coupon of 3 month Nibor + 1.55 percentage points p.a.

Settlement date is 8 November 2024. The Tier 2 issue has a first-time call
option for the bank on 8 February 2030, subject to approval from the Financial
Supervisory Authority of Norway, if required.

The bonds will be applied for listing on Nordic ABM, and the new issue has been
approved by the issuer’s general meeting.

Danske Bank acted as manager.

Drammen, 1 November 2024
Sparebanken Øst: Vegard Kvamme, Head of Treasury, telephone: 977 00 370

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


Source

Sparebanken Øst

Provider

Oslo Børs Newspoint

Company Name

SPAREBANKEN ØST, Spb Øst 15/25 3,13%, Spb Øst 19/26 2,15%, Spb Øst 19/24 FRN, Spb Ost 21/27 FRN C, Spb Ost 21/28 1.88, Spb Ost 22/28 ADJ C, Spb Ost 22/29 4.30pct, Spb Ost 23/PERP FRN HYBRID, Spb Ost 23/30 FRN, Spb Ost 23/29 5,15%, Spb Øst 24/34 4,75%, Spb Øst 23/28 4,88%, Spb Øst 23/33 FRN C SUB, Spb Øst 24/PERP FRN C HYBRID

ISIN

NO0006222009, NO0010746548, NO0010860513, NO0010869266, NO0010941156, NO0010939770, NO0012434358, NO0012561655, NO0012943754, NO0013027912, NO0013054122, NO0013168690, NO0012918160, NO0012990664, NO0013252478

Symbol

SPOG

Market

Oslo Børs Nordic Alternative Bond Market