Sbanken ASA has mandated DNB Markets and Swedbank Norway for a potential perpetual Additional Tier 1 bond issue and a dated Tier 2 bond issue with a 10 year tenor, subject to market conditions. Expected issue size for both bonds are NOK 75-125 million.
Both issues will carry a floating coupon rate, and have a first call option for the issuer after 5 years.
The transactions are approved by the general meeting on 27 April 2018 and an approval was given by the Norwegian FSA on 20 September 2018.
Contact person: Øyvind Telle, Head of Treasury, Sbanken ASA, tel.: +47 916 88 704
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.