Capital/Financing Update • Jan 9, 2025
Capital/Financing Update
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Sparebanken Møre contemplating issuance of Senior Preferred NOK bonds
Sparebanken Møre (Issuer rating A1 by Moody’s) has mandated Danske Bank, SEB and SpareBank 1 Markets as Joint Lead Managers for potential issuance of Senior Preferred bonds. Target maturity is 3-4years, floating and/or fixed rate, expected issue size minimum NOK 1.5bn.
The timing of the potential transactions is subject to market conditions.
Ålesund, 9 January 2025
Sparebanken Møre
Head of Treasury, Ove T. Ness, phone +47 701 13 174 mobile +47 957 62 524
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