Reference is made to the stock exchange release as of 1 April
2016 regarding a potential placement of a dated subordinated
bond issue (tier 2).
Protector Forsikring ASA has today issued a subordinated bond
of NOK 500 million with a coupon of 3M NIBOR + 3.70
percentage points p.a. The loan has a maturity of 30 years
with a call option in 5 years.
The terms of the loan are in compliance with existing and
expected future requirements for subordinated debt eligible
as tier 2 capital.
The bond issue will be applied for listing on the Oslo Stock
Exchange.
Nordea Markets and Pareto Securities were managers of the
transaction.
Contact persons Protector Forsikring ASA:
CEO: Sverre Bjerkeli,mobile:+47 928 38 072
CFO: Flemming Holm, mobile: +47 908 81 896
CIO: Cathrine Foyn, mobile: +47 955 22 012
This information is subject to the disclosure requirements of
section 5-12 of the Norwegian Securities Trading Act.