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Prospect News home > News index > List of issuers S > Headlines for SpareBank 1 Ostlandet > News item
Published on 8/30/2019 in the Prospect News Liability Management Daily.

SpareBank 1 Ostlandet may buy back some notes due 2024, perpetuals

By Marisa Wong

Los Angeles, Aug. 30 – SpareBank 1 Ostlandet is considering repurchasing some or all of its floating-rate tier 2 notes due Dec. 10, 2024 and floating-rate perpetual tier 1 notes, according to a notice.

The buybacks are in connection with a potential issuance of up to NOK 400 million of tier 2 bonds and up to NOK 300 million of perpetual additional tier 1 bonds.

SpareBank is a specialized credit institution based in Stavanger, Norway.


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