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Published on 8/9/2019 in the Prospect News Liability Management Daily.

Aurskog Sparebank plans to redeem perpetual floating-rate bonds

By Rebecca Melvin

New York, Aug. 9 – Aurskog Sparebank said it plans to redeem an issue of floating-rate perpetual bonds at par on Oct. 14, according to an announcement.

The Aurskog, Norway-based bank said that it has notified the Nordic Trustee AS and that the redemption of the perpetuals, which were issued on Oct. 14, 2014, is approved by the Financial Supervisory Authority.


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