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Sparebanken Vest ( (SPIZF) ) has shared an announcement.
Sparebanken Vest has issued a new Additional Tier 1 bond worth NOK 300 million, with a coupon rate tied to the 3 months Nibor plus 2.25 percentage points annually. This bond, approved by the bank’s General Meeting, will be listed on Nordic ABM and has a first call option on 21st May 2030, pending regulatory approval. The issuance reinforces Sparebanken Vest’s capital structure and reflects their strategic financial management approach.
More about Sparebanken Vest
Sparebanken Vest is a financial institution operating in the banking industry, providing banking services and financial solutions primarily in the Norwegian market.
YTD Price Performance: -0.40%
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $1.36B
See more insights into SPIZF stock on TipRanks’ Stock Analysis page.