SpareBank 1 SR-Bank ASA: SRBANK - TIER 2 - BOOKS CLOSED

The book in SpareBank 1 SR-Bank ASA`s 10NC5 Tier 2 is closed.  Orders of NOK 825 millions, further order is not possible. The nominal of the bond will be NOK 825 millions. Initial accrual date is 3 November 2012 with a coupon of 3 month nibor + 275 bp.

"This Tier 2 capital strengthens the bank`s credit quality. It enhances the bank`s ability to raise funding at favourable conditions in both the domestic as well as in the international market" says CFO Inge Reinertsen.

Arrangers are SpareBank 1 SR-Bank Markets, Danske Bank Markets, Swedbank First Securities and SpareBank 1 Markets.

Contact at SpareBank 1 SR-Bank ASA:

Vidar Torsøe, Vice President Investor Relations, + 970 80 656
Dag A. Hjelle, Head of Treasury, + 47 909 50 088

 

This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)



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(i) the releases contained herein are protected by copyright and other applicable laws; and
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information contained therein.

Source: SpareBank 1 SR-Bank ASA via Thomson Reuters ONE

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