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Published on 3/7/2024 in the Prospect News Liability Management Daily.

Spar Nord Bank repurchases from tier 2 capital instruments

Chicago, March 7 – Spar Nord Bank AS announced the results of a buyback offer for tier 2 capital instruments that started on Feb. 26, according to a press release.

The repurchase offer expired on March 5.

From the offer, the bank will repurchase DKK 196 million of instruments (ISIN: DK0030432075) at 100.41.

Additionally, DKK 68 million of instruments (ISIN: DK0030431341) will be repurchased at 99.57.

Settlement will take place on March 8.

Nykredit managed the repurchase offer.

Spar Nord Bank is based in North Jutland, Denmark.


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