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Published on 10/18/2016 in the Prospect News Liability Management Daily.

SpareBank 1 calls all NOK 750 million of floating-rate tier 2 notes

By Tali Rackner

Norfolk, Va., Oct. 18 – Sparebank 1 SR-Bank exercised its right to call all NOK 750 million of its floating-rate tier 2 notes due 2021, according to a notice.

The notes will be redeemed at par on Dec. 2.

The savings bank is based in Stavanger, Norway.


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