SpareBank 1 SMN (Issuer rating Aa3 with stable outlook by Moody's) has today issued a new Tier 2 bond ofNOK 500 million with ISIN NO0013152405. The coupon is 3 months Nibor + 1.80 percentage points p.a. Settlement date is16 February 2024 . The Tier 2 bond issue has a first-time call option for the issuer on16 May 2029 , subject to an approval from theFinancial Supervisory Authority of Norway , if required. The new issue has been approved by the Bank's General meeting. The bonds will be applied for listing on Nordic ABM.Danske Bank ,DNB Markets and SpareBank 1 Markets acted as Joint Lead Managers. Trondheim,9 February 2024 Contact person atSpareBank 1 SMN : Deputy Head of treasury Per Egil Aamo, telephone +47 73 58 64 66 This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.
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