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SpareBank 1 SMN Sets Early Redemption of Subordinated Loan

SpareBank 1 SMN Sets Early Redemption of Subordinated Loan

SpareBank 1 SMN (SRMGF) has released an update.

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SpareBank 1 SMN has announced their intention to redeem their senior subordinated loan early, with a redemption date set for September 3, 2024. The loan, with an outstanding nominal amount of 500 million Norwegian kroner, has received the necessary approval from the country’s Financial Supervisory Authority.

For further insights into SRMGF stock, check out TipRanks’ Stock Analysis page.

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