Capital/Financing Update • May 13, 2022
Capital/Financing Update
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Sparebanken Møre: Buy-back of Additional Tier 1 capital
Sparebanken Møre refers to yesterday’s announcement about the issuance of a new Additional Tier 1 bond issue (“AT1”).
In connection with the new issuance, the bank has bought back NOK 222.5 million of the AT1 bond MORG43 (NO0010796154), at a price of 100,243, with settlement 19 May 2022. Outstanding in the market after the buy-back is NOK 127.5 million.
Ålesund, 13 May 2022
Sparebanken Møre
Head of Treasury, Ove T. Ness, phone +47 701 13 174 mobile +47 957 62 524
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