Jaeren Sparebank expands bond issue, repurchases older debt

Jaeren Sparebank announced the expansion of its senior unsecured bond loan, JAEREN28 PRO (ISIN NO0013601302), by NOK 250 million. This expansion brings the total outstanding amount of the bond to NOK 500 million, matching its total framework.

Concurrently, the bank repurchased NOK 148 million of its JAEREN17 PRO bond (ISIN NO0010932536). The settlement date for these transactions is August 28, 2025. SEB acted as the facilitator for these operations.

This financial maneuver by Jaeren Sparebank indicates a proactive approach to managing its debt structure. Klas Stolsnes, director of economy and finance, is the contact person for further inquiries.