Capital/Financing Update • Jan 14, 2021
Capital/Financing Update
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SpareBank 1 SMN: Successful issuance of Senior Non-Preferred Bond in NOK
SpareBank 1 SMN has today issued a fixed and floating rate senior non-preferred
bond of a combined size of NOK 1.5 billion with a tenor of 6 years and one
month.
First call option after 5 years and 1 month.
The floating coupon rate equal to 3 months NIBOR +70bps and the fixed rate
coupon equal to 1,6325% annually.
Settlement date is 19 January 2021 and maturity date 19 February 2027.
SpareBank 1 Markets acted as lead manager.
This information is subject to the disclosure requirements pursuant to Section
5-12 the Norwegian Securities Trading Act
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