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Sparebanken Norge Launches NOK400 Million AT1 Capital Bond

MT Newswires·01/08/2026 00:09:57
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12:09 AM EST, 01/08/2026 (MT Newswires) -- Norwegian lender Sparebanken Norge (SBNOR.OL) said Wednesday it issued a new AT1 capital bond worth 400 million Norwegian kroner. The bond carries a coupon of three months Norwegian Interbank Offered Rate plus 2.20% per annum, with settlement scheduled for Jan. 15. Subject to approval from Norway's Financial Supervisory Authority, the bond will have its first call option on April 15, 2031. Danske Bank, DNB Carnegie and Norne Securities are acting as joint lead managers for the offering.