Redemption of NOK 450m State Finance Fund tier 1 capital
(Thomson Reuters ONE) -
Sandnes Sparebank announced 11 May 2011 the issue of a callable tier 1 perpetual
bond with the purpose of refinancing the NOK 450m capital from the State Finance
Fund (Statens finansfond).
The NOK 450m tier 1 capital from the State Finance Fund has been redeemed as at
7 June 2011.
The loan agreement between Sandnes Sparebank and the State Finance Fund is
consequently discontinued as of today.
For further information, please contact:
Svein Ivar Førland, CEO, tel. +47 90 64 41 91
Terje Frafjord, CFO, tel. +47 51 67 67 29
This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Sandnes Sparebank via Thomson Reuters ONE
[HUG#1521677]
Unternehmensinformation / Kurzprofil:
Bereitgestellt von Benutzer: hugin
Datum: 07.06.2011 - 09:15 Uhr
Sprache: Deutsch
News-ID 55355
Anzahl Zeichen: 1310
contact information:
Town:
Sandnes
Kategorie:
Business News
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"Redemption of NOK 450m State Finance Fund tier 1 capital"
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