Sogne og Greipstad Sparebank expands bond, repurchases existing debt

Sogne og Greipstad Sparebank, rated BBB+/Stable by Nordic Credit Rating, has expanded its senior unsecured bond loan by NOK 150 million. This expansion brings the total outstanding volume for this loan to NOK 250 million. The bond has a maturity date of September 29, 2028.

Simultaneously, the bank repurchased NOK 124 million of its senior unsecured bond loan. Following this buyback, the new outstanding volume for this loan now stands at NOK 126 million.

DNB Carnegie facilitated these transactions. Jonny Thompsen, chief financial officer, is the contact person for further inquiries.