SPB 1 SMN 24/29 FRNSPB 1 SMN 24/29 FRNSPB 1 SMN 24/29 FRN

SPB 1 SMN 24/29 FRN

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Key facts


Issue date
Aug 19, 2024
Maturity date
Nov 19, 2029
Outstanding amount
‪450.00 M‬NOK
Face value
1,000,000.00NOK
Minimum denomination
2,000,000.00NOK
Coupon
5.72% (Variable)
Yield to maturity
5.66%
SpareBank 1 SMN engages in the provision of financial services. It operates through the Retail Banking and Corporate Banking segments. The Retail Banking segment provides financial advice to retail, farm sector, and businesses. The Corporate Banking segment offers bank with advice in investment and operations financing, domestic and foreign money transfers, fixed income and currency hedging, investment of surplus liquidity, and insurance of individuals and buildings or operating equipment. The company was founded on May 26, 1823 and is headquartered in Oslo, Norway.
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