SPB 1 SOROST-NORGE 23/29 FRNSPB 1 SOROST-NORGE 23/29 FRNSPB 1 SOROST-NORGE 23/29 FRN

SPB 1 SOROST-NORGE 23/29 FRN

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Overview
Analysis

Key terms


Outstanding amount
‪500.00 M‬NOK
Face value
1,000,000.00NOK
Minimum denomination
2,000,000.00NOK
Coupon
5.78% (Variable)
Coupon frequency
Quarterly
Yield to maturity
5.41%
Maturity date
Jun 18, 2029
Term to maturity
4 years

About SPB 1 SOROST-NORGE 23/29 FRN


Issuer
SpareBank 1 Sorost-Norge
Sector
Finance
Industry
Major Banks
Home page
Issue date
Aug 18, 2023
ISIN
NO0012990680
FIGI
BBG01HWZ8SQ0
SpareBank 1 Sorost-Norge engages in the provision of banking and financing services. It operates through the following segments: Retail Market, Corporate Market, and Other Subsidiaries. The Retail Market segment offers a good digital services, a modern customer service centre, and a well-developed branch network provides the customer with quick and easy access to financial services and competence in all channels. The Corporate Market segment supplies package solutions for financial services to businesses. The company was founded on December 3, 1859 and is headquartered in Sandefjord, Norway.
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