Orland Sparebank issues new unsecured bond for NOK 150m

Orland Sparebank has successfully issued a new senior unsecured bond, raising NOK 150,000,000. The bond has a floating interest rate and a three-year maturity period, with a total facility limit set at NOK 200,000,000. The coupon is structured as 3-month NIBOR plus 0.57%. Settlement for this new issue is scheduled for September 8, 2025.

Norne Securities and Nordea Bank acted as joint lead managers for the issuance. Orland Sparebank intends to apply for the bond to be listed on Nordic ABM.

For further information, interested parties can contact Marita Solbakk Frengen, cfo at Orland Sparebank.