Sbanken ASA has mandated DNB Markets for a potential new issuance of a perpetual Additional Tier 1 bond and a Tier 2 bond with a 10 year tenor. Both issues will have a first call option for the issuer after 5 years, subject to approval from the Norwegian FSA. The expected issue size for each issuance is NOK 75-125 million. The transactions are subject to market conditions.
The transactions are approved by the annual general meeting and by the Norwegian FSA.
Øyvind Telle, Head of Treasury, Sbanken ASA, +47 916 88 704
Jesper Hatletveit, Head of IR, Sbanken ASA, +47 959 40 045
This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act