SPAREBANKEN VEST

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Sparebanken Vest: Mandated arrangers for potential new subordinated tier 2 bond issue

10/14/2021 | 03:02am

Sparebanken Vest has mandated Swedbank AB (publ.) and Norne Securities AS as
arrangers for a potential issuance of a new dated Tier 2 bond issue of NOK 350
million
with floating rate, subject to market conditions.

The Tier 2 bond issue will have a tenor of 10 years with first call option for
the bank 5 years after the issue date.

In conjunction with the potential new issue, the bank will consider buy-back, in
whole or parts, of the outstanding Tier 2 bond issue with ISIN NO0010786015
(SVEG90 PRO).

The potential bond issue and buy-back have been approved by the bank's General
Meeting and Board of Directors.

Contact persons in Sparebanken Vest:
John Hopp, Head of Treasury, tel: +47 45 08 17 76
Thomas Colliander, Finance Manager, tel: +47 99 02 86 18


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