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Pareto Bank ASA Announces New Bond Issuance

Pareto Bank ASA Announces New Bond Issuance

Pareto Bank ASA (DE:8PB) has released an update.

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Pareto Bank ASA has successfully issued a new senior unsecured bond valued at NOK 750 million, with a coupon rate of 3 months NIBOR + 1.40% per annum, maturing on June 19, 2029. Concurrently, the bank has repurchased two of its outstanding bonds ahead of their settlement date. The bond issuance and repurchases were facilitated by SpareBank 1 Markets and SEB.

For further insights into DE:8PB stock, check out TipRanks’ Stock Analysis page.

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