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Komplett Bank to price add-on to perpetual floating-rate notes
By Marisa Wong
Los Angeles, Aug. 21 – Komplett Bank ASA is planning a tap issue of its perpetual floating-rate notes, according to a notice.
Komplett Bank issued the original NOK 200 million of tier 1 hybrids on June 26.
The notes bear interest at Nibor plus 800 basis points.
ABG Sundal Collier and Pareto are managers for the add-on offering.
The specialized consumer finance bank is based in Lysaker, Norway.
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