Lower Tier 2 subordinated loan issue; NOK 100 mill

(Thomson Reuters ONE) - SpareBank 1 Nord-Norge issue NOK 100 million in a Lower Tier 2subordinated note with an end maturity of 10 years, callable 15December 2014. SpareBank 1 Nord-Norge and SpareBank 1 Nord-NorgeSecurities are the joint lead managers and bookrunners for thistransaction. The loan has a floating interest rate of 3 mnd Nibor +2.40 % for the first 5 years. Following the call date 15 December2014, the new interest rate will be 3 month NIBOR + 3.15 %. Thepurpose of the loan issue is refinancing of a subordinated loancallable in February 2010.Contact person at SpareBank 1 Nord-Norge:CFO Rolf Eigil Bygdnes +47 905 19 774This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.

Unternehmensinformation / Kurzprofil:
Bereitgestellt von Benutzer: hugin
Datum: 01.12.2009 - 11:04 Uhr
Sprache: Deutsch
News-ID 9094
Anzahl Zeichen: 0

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London

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Business News

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