Oslo, 23 March 2017.
Reference is made to the stock exchange announcement published 15
March 2017 regarding a potential placement of Tier 1 and Tier 2
capital.
Protector Forsikring ASA (the "Company" or "Protector Forsikring")
has today, 23 March 2017, issued a NOK 350 million restricted Tier 1
bond with a coupon rate of 3M NIBOR + 5.0% and a NOK 400 million
subordinated Tier 2 bond with a coupon rate of 3M NIBOR + 2.9%.
The restricted Tier 1 bond is perpetual with optional redemption
after 5 years. The subordinated Tier 2 bond has a maturity of 30
years and is callable after 5 years. Settlement date is 31 March
2017 for both loans.
Protector Forsikring will apply for listing of the bonds on the Oslo
Stock Exchange.
Nordea Markets and Pareto Securities acted as managers for the bond
issues.
Contact persons in Protector Forsikring:
CEO - Sverre Bjerkeli: +47 928 38 072
CFO - Vibeke Krane: +47 975 71 784
CIO - Cathrine Foyn: +47 955 22 012
This information is subject to the disclosure requirements of
section 5-12 of the Norwegian Securities Trading Act.