Capital/Financing Update • Aug 12, 2024
Capital/Financing Update
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SpareBank 1 SMN: Successful issuance of NOK Green Senior Non-Preferred bonds
SpareBank 1 SMN (Issuer rating Aa3/Stable by Moody`s) has today successfully completed placement of Green Senior Non-Preferred bonds with a total amount of NOK 700 million. The transaction is split in two tranches, both with settlement date on August 19th 2024:
• 3.25 year, ISIN NO0013314666: NOK 250 million, floating coupon rate of 3m NIBOR + 0.78% p.a and maturity date November 19th 2027.
• 5.25 year, ISIN NO0013314674: NOK 450 million, floating coupon rate of 3m NIBOR + 0.98% p.a and maturity date November 19th 2029.
SEB and SpareBank 1 Markets acted as Join Lead Managers for the transaction.
Trondheim, August 12th 2024
Contact person SpareBank 1 SMN:
Head of Treasury Unni Larsen +47 993 63 369
Deputy Head of treasury Per Egil Aamo, telephone +47 73 58 64 66
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
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