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Noba Bank Group Completes Tap Issue of Senior Preferred Bonds

MT Newswires·10/01/2026 10:38:46
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10:38 AM EDT, 10/01/2026 (MT Newswires) -- Noba Bank Group (NOBA.ST) closed its tap issue of 300 million kronor and 300 million Norwegian kroner of outstanding senior preferred bonds due in October 2029, with settlement expected on Oct. 8, 2026. The bonds, issued under Noba Bank's 10 billion-krona medium-term note program, carry an interest rate of three-month Stockholm Interbank Offered Rate or Norwegian Interbank Offered Rate, plus 1.02%, the specialist bank said Thursday. Nordea, Danske Bank, and Swedbank served as lead managers for the transaction.