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Storebrand ASA Capital/Financing Update 2021

Sep 15, 2021

3766_rns_2021-09-15_32cd31aa-9e2b-4c8b-bb58-67f434255379.html

Capital/Financing Update

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Storebrand Bank ASA: Mandated arrangers for potential new subordinated tier 2 bond issue

Storebrand Bank ASA: Mandated arrangers for potential new subordinated tier 2 bond issue

Storebrand Bank ASA has mandated Danske Bank and Swedbank for potential issuance

of a new subordinated tier 2 bond issue with expected size of up to NOK 300

million, subject to market conditions. The potential subordinated tier 2 bond

issue will have a tenor of 10 years with first call 5 years after the issue

date. The transaction is approved by the board and the general meeting in the

bank.

Contact information:

Einar Andreas Leikanger, Head of Treasury, Storebrand Bank ASA, tel.: +47 934

203 79