Storebrand Bank ASA has mandated DNB Markets and Swedbank AB (publ.) for
potential issuance of a new subordinated Tier 2 bond issue with a minimum 10
-year tenor, subject to market conditions.
Expected issue size is minimum NOK 300 million. The bond will carry a floating
coupon rate and have a first call option for the issuer 5 years after the
settlement date.
The transaction is approved by the bank's board of directors and the general
meeting.
Lysaker, 14 February 2022
Contact information: Einar Andreas Leikanger, Head of Treasury, Storebrand Bank
ASA, tel.: +47 934 203 79