Stadsbygd Sparebank issues new floating-rate senior unsecured bond
Stadsbygd Sparebank today announced the issuance of a new senior unsecured bond loan, bolstering its financial structure. The new bond has a floating interest rate and a five-year maturity period. The total loan amount is NOK 100,000,000, operating within a larger framework of NOK 200,000,000.
The coupon rate for this bond loan is set at 3-month NIBOR + 0.87%. The settlement date is scheduled for September 8, 2025. Stadsbygd Sparebank intends to seek listing for the loan on the Nordic ABM market.
Norne Securities facilitated the arrangement of the bond loan. For further information, investors can contact Frode Askjem, cfo, or Ola Setsaas, bank manager. This information is classified as disclosable under Section 5-12 of the Securities Trading Act.
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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