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Protector Forsikring ASA Plans Potential Bond Issuance

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Protector Forsikring ASA Plans Potential Bond Issuance

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Protector Forsikring ASA ( (PSKRF) ) just unveiled an update.

Protector Forsikring ASA has announced a digital investor meeting to discuss a potential NOK 300 million Perpetual Restricted Tier 1 bond loan, which may be issued depending on market conditions. This bond issuance aims to qualify as Restricted Tier 1 instruments under Solvency II regulations, targeting eligible counterparties and professional clients.

The most recent analyst rating on (PSKRF) stock is a Hold with a NOK544.00 price target. To see the full list of analyst forecasts on Protector Forsikring ASA stock, see the PSKRF Stock Forecast page.

More about Protector Forsikring ASA

Protector Forsikring ASA operates in the insurance industry, offering various insurance products and services. The company is rated A- (Excellent) with a Stable Outlook by A.M. Best, indicating its strong financial stability and market presence.

YTD Price Performance: 66.16%

Average Trading Volume: 93,726

Current Market Cap: NOK38.05B

See more insights into PSKRF stock on TipRanks’ Stock Analysis page.

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