PRO - SpareBank 1 SMN : Contemplating Issuance of Tier 2 capital
SpareBank 1 SMN has mandated SpareBank 1 Markets to explore the opportunity to issue subordinated Tier 2 bonds. The bond issue will have a first call option for the issuer after minimum 5 years, subject to an approval from the Norwegian FSA.
The potential bond issue is approved by the Norwegian FSA and the bank's Supervisory Board.
For further details about the issues, please contact the lead manager:
SpareBank 1 Markets: Christian Rambjør, telefon: + 47 24 13 37 58
Trondheim, 1 November 2018
SpareBank 1 SMN: Dep. head of treasury Per Egil Aamo, tel +47 73 58 64 66
This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)
This announcement is distributed by West Corporation on behalf of West Corporation clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: SpareBank 1 SMN via Globenewswire
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: SpareBank 1 SMN via Globenewswire