Sparebank 68 Grader Nord issues new NOK 200m MREL-eligible bond

Sparebank 68 Grader Nord has announced the issuance of a new NOK 200 million, 5-year senior unsecured MREL-eligible floating rate note (FRN) bond. The bond, identified by ISIN NO0013685222, is part of a larger loan framework with a total capacity of NOK 300 million.

The new bond is scheduled for settlement on October 30, 2025. This issuance is designed to comply with MREL (Minimum Requirement for Own Funds and Eligible Liabilities) regulations, reinforcing the bank's capital and liability structure.

SB1 Markets acted as the arranger for this transaction. For further inquiries, knut halseth, head of accounting, can be contacted at +47 907 25 990.