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Published on 6/29/2020 in the Prospect News Liability Management Daily.

Sbanken buys back NOK 475.3 million of tier 1, tier 2 bonds

By Sarah Lizee

Olympia, Wash., June 29 – Sbanken ASA bought back NOK 116.3 million of additional tier 1 bonds (ISIN: NO0010746456) and NOK 359 million tier 2 bonds (ISIN: NO0010746464), according to a press release.

Following the buybacks, NOK 283.7 million of the tier 1 bonds and NOK 141 million of the tier 2 bonds will remain outstanding.

The bank is based in Bergen, Norway.


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