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Prospect News home > News index > List of issuers S > Headlines for Storebrand Bank ASA > News item
Published on 1/13/2020 in the Prospect News Liability Management Daily.

Storebrand Bank buys back NOK 2.22 billion of floaters due 2020

By Sarah Lizee

Olympia, Wash., Jan. 13 – Storebrand Bank ASA bought back NOK 2.072 billion of floating-rate notes (ISIN: NO0010736903) due June 17, 2020 and NOK 150 million of floating-rate notes (ISIN: NO0010794217) due May 29, 2020, according to a company announcement.

The buyback brings the amount of the notes due June 17, 2020 outstanding to NOK 428 million and the notes due May 29, 2020 outstanding to NOK 250 million.

The company said it has issued a new NOK 5 billion bond (ISIN: NO001087317) due June 19, 2024.

Storebrand Bank is a Lysaker, Norway-based financial services company.


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