Chicago, Sept. 16 – Advanzia Bank SA priced NOK 225 million 8.52% perpetual hybrid bonds, according to a notice.
The notes are considered perpetual hybrid tier 1 securities.
ABG Sundal Collier ASA arranged the transaction.
Luxembourg-based bank Advanzia, started in 2005, specializes in no-fee credit cards and euro savings accounts.
| Issuer: | Advanzia Bank SA
|
| Issue: | Perpetual hybrid bonds
|
| Amount: | NOK 225 million
|
| Maturity: | Perpetual
|
| Coupon: | 8.52%
|
| Arranger: | ABG Sundal Collier ASA
|
| Registration date: | Sept. 17
|
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