Protector Forsikring ASA AS has today successfully issued a new 30NC5 NOK 500,000,000
Solvency II compliant Tier 2 bond issue with a coupon of 3M Nibor + 3.50% p.a. The bonds mature on 16 December 2050 and have a first call option by Protector Forsikring ASA on 16 December 2025. The bonds will qualify as Tier 2 capital under the European Solvency II regulatory capital regime for insurers.
The bonds will be applied for listing at Oslo Børs.
DNB Markets acted as Joint Lead Managers for the bond issue.
For further information:
CFO, Ditlev de Vibe Vanay, mob. +47 934 80 393
This information is subject to disclosure requirements pursuant to §5-12 of the
Norwegian Securities Trading Act.