SpareBank 1 SMN: Contemplating issuance of Tier 2 capital

SpareBank 1 SMN (Issuer rating Aa3 with stable outlook by Moody's) has mandated Danske Bank, DNB Markets and SpareBank 1 Markets for issuance of Tier 2 bonds, subject to market conditions.

The bonds will have floating and/or fixed rate and a first call option for the issuer minimum 5 years after the issue date, subject to approval by the Financial Supervisory Authority of Norway, if required.

Trondheim, 8 February 2024

Contact person at SpareBank 1 SMN:
Deputy Head of treasury Per Egil Aamo, telephone +47 73 58 64 66