-+ 0.00%
-+ 0.00%
-+ 0.00%
SpareBank 1 Østlandet Issues NOK3.28 Billion
Share
Listen to the news
12:00 AM EDT, 05/12/2026 (MT Newswires) -- SpareBank 1 Østlandet (SPOL.OL) issued four tranches of senior non-preferred bonds with combined principal amounts of 3.28 billion Norwegian kroner. The financial services group said Monday it issued 1 billion kroner of floating-rate bonds due June 18, 2031; 875 million kroner of 5.237% fixed-rate notes due Sept. 18, 2031; 750 million kroner floating-rate bonds due May 18, 2032; and 650 million kroner of 5.223% fixed rate-bonds due May 18, 2032. The annual interest on the 2031 floating-rate bonds is equal to the three-month Norwegian interbank offered rate plus 0.755% and three-month NIBOR plus 0.8% on the 2032 floating-rate bonds. Settlement of the entire issuance is expected by May 18.
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending