Brief: Sandnes Sparebank Contemplates Issuance Of Tier 2 Bonds, Buy-Back

Rogaland Sparebank

23/08/2022 06:06

Aug 23 (Reuters) - Sandnes Sparebank  SADG.OL :
    * SAID ON MONDAY CONTEMPLATING ISSUANCE OF TIER 2 BONDS AND
BUY-BACK
    * HAS MANDATED DNB MARKETS AND SPAREBANK 1 MARKETS AS JOINT
LEAD
MANAGERS FOR POTENTIAL ISSUANCE OF A NEW DATED TIER 2 BOND ISSUE
WITH A VOLUME OF UP TO NOK 220 MILLION.
    * TIER 2 BOND ISSUE WILL HAVE A FLOATING RATE COUPON AND A
FIRST
CALL OPTION FOR ISSUER MINIMUM 5 YEARS AFTER ISSUE DATE

Source text for Eikon:  ID:nObiY03QCa 
Further company coverage:  SADG.OL 

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