Sparebanken Norge has issued a new senior preferred bond denominated in Norwegian kroner (NOK) totaling NOK 1.5 billion. The bond has a five-year maturity, with a settlement date on February 10, 2026, and a maturity date on February 10, 2031. Nordea Markets served as the sole manager for the transaction.
This issuance is part of Sparebanken Norge’s ongoing funding strategy and complies with disclosure requirements under Norwegian securities law. For further information, the bank has provided contact details for its treasury department.
**Why this matters**
The issuance of senior preferred bonds helps Sparebanken Norge strengthen its capital base and diversify its funding sources. This can enhance the bank’s financial stability and support its lending activities. Additionally, the bond’s listing on the Nordic Alternative Bond Market provides investors with access to a new fixed-income instrument from a Norwegian financial institution.
Source: NewsData