JBF Sparebank issues new green bond, refinances existing debt

JBF Sparebank, rated A- (Stable) by Nordic Credit Rating, today announced the issuance of a new NOK 150 million green MREL-eligible senior bond. The bond matures on December 16, 2030, and carries a coupon of 3m Nibor +0.69%. The settlement date is December 16, 2025, and the bank will seek to list it on Nordic ABM. Nordea served as the facilitator.

Concurrently, JBF Sparebank executed a downscaling of its existing bond loan, JESB24 PRO. The bank reduced the outstanding volume of this loan by NOK 125 million, resulting in a new outstanding volume of NOK 25 million.

This transaction is part of JBF Sparebank's ongoing financial management and capital optimization efforts. Espen Eide Solstad, cfo, is the contact person for further inquiries.