Tryg to redeem NOK 1.4 bn bond issue early

Tryg Forsikring A/S has announced its decision to exercise the ordinary call for all outstanding bonds under its NOK 1,400,000,000 subordinated callable bond issue (ISIN NO0010751837). The exercise will occur on the call date of November 13, 2025, significantly shortening the original maturity of November 13, 2045.

The settlement amount payable to bondholders will be NOK 1,017,965.56 per NOK 1,000,000 nominal amount of bonds, including principal and accrued unpaid interest up to November 13, 2025, plus any arrears of interest. Following this call and settlement, no bonds from this issue will remain outstanding.

Tryg Forsikring A/S has initiated the process with Oslo Børs ASA to deregister the listing of these bonds. The delisting is expected to take place on or as soon as possible after the call date and the settlement of the settlement amount.