Brief: Helgeland Sparebank contemplates issuance of an AT1 of minimum NOK 220 mln

Sparebank 1 Helgeland

07/11/2016 07:23

Nov 7 (Reuters) - Helgeland Sparebank  HELG.OL : 
    * Subordinated loan  
    * Contemplates issuance of an AT1 of minimum 220 million Norwegian crowns ($26.9 million), 
subject to inter alia market conditions 
    * Says Norwegian Financial Supervisory Authority has given its approval for potential bond 
issuance and possible buy-back of existing AT1 of 220 million crowns, with right to redeem of 
March 28, 2017 
 
     
Source text for Eikon:  ID:nObi3BFxXa  
     
Further company coverage:  HELG.OL  
 
($1 = 8.1915 Norwegian crowns) 
 
 (Gdynia Newsroom) 
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