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Storebrand Bank Issues NOK300 Million Tier 2 Bond

MT Newswires·08/13/2026 11:13:41
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11:13 AM EDT, 08/13/2026 (MT Newswires) -- Storebrand's (STB.OL) Storebrand Bank issued a new Tier 2 bond worth 300 million Norwegian kroner with a 10.5-year tenor, according to a Thursday release. The dated bond carries a coupon of three-month Norwegian Interbank Offered Rate plus 113 basis points, with a first call option after 5.25 years. Danske Bank and SB1 Markets served as arrangers for the issuance.