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SpareBank 1 Ostlandet raises NOK 1.2bn in bond issue

August 7, 2025 at 02:52 PM UTCBy FilingReader AI

SpareBank 1 Ostlandet raised NOK 1.2 billion through a senior non-preferred bond issue split into two five-year tranches.

The bank issued NOK 700 million in floating rate notes with a coupon of 3-month NIBOR plus 0.90% and NOK 500 million in fixed rate bonds at 4.615%. Both tranches mature in August 2030.

Danske Bank and DNB Carnegie were joint lead managers.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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