Drangedal Sparebank issues new senior unsecured bond

Drangedal Sparebank has successfully issued a new senior unsecured bond, featuring a floating interest rate and a three-year maturity period. The bond has an initial loan amount of NOK 100,000,000, established within a larger framework of NOK 300,000,000. The coupon is set at 3-month NIBOR + 0.57%.

The settlement date for this new bond is scheduled for September 4, 2025. Norne Securities acted as the arranger for the issuance. The bank intends to apply for the loan to be listed on Nordic ABM, enhancing its visibility and accessibility to investors.

For further inquiries, cfo Bjorn E Kollane is listed as the contact person. This announcement is deemed regulatory information for the Oslo Stock Exchange.