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Published on 6/12/2023 in the Prospect News Liability Management Daily.

SpareBank contemplates buyback of tier 2 bonds via new issuance

By Wendy Van Sickle

Columbus, Ohio, June 12 – SpareBank 1 SMN is eyeing a buyback, in whole or in parts, of its tier 2 bonds (ISIN: NO0010830755), according to a notice.

The buyback would be funded with proceeds of a new issuance of at least NOK 300 million tier 2 bonds.

The issuer is owned by savings banks under the Oslo-based Sparebank 1 brand.


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