Brief: Sparebank 1 Ostlandet Issues NOK 350 Mln In Additional Tier 1 Bonds

Sparebank 1 Ostlandet

08/06/2020 14:26

June 8 (Reuters) - Sparebank 1 Ostlandet  SPOLT.OL :
    * SUCCESSFUL ISSUANCE OF ADDITIONAL TIER 1 CAPITAL
    * ISSUED NOK 350 MILLION IN ADDITIONAL TIER 1 BONDS WITH A
COUPON
EQUAL TO 3 MONTHS NIBOR + 3.25 PERCENTAGE POINTS PER ANNUM
    * SETTLEMENT DATE IS 16 JUNE 2020, AND ISSUE HAS A FIRST
CALL
OPTION FOR ISSUER 5 YEARS AFTER SETTLEMENT DATE

Source text for Eikon:  ID:nObixDJBKa 
Further company coverage:  SPOLT.OL 

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