Sparebanken Sør (rated A1/ Stable by Moody's) has today issued two new perpetual Additional Tier 1 bonds with a combined volume ofNOK 500 million . o FRN:NOK 350 million , coupon 3 month NIBOR + 3.20% p.a. o Fixed:NOK 150 million , coupon 6.99% p.a. Settlement date for both tranches is20 February 2023 . Both issues have a first call option for the issuer on20 May 2029 , subject to approval from theFinancial Supervisory Authority of Norway , if required. The new issuance is approved by the issuer's general meeting.DNB Markets ,Nordea and Norne Securities acted as joint lead managers. The bond issues will be applied for listing on Nordic ABM. Kristiansand,13 February 2024 Contact persons in Sparebanken Sør: Geir-Are Kårvik, Head ofTreasury , tel. +47 934 96 044 Eirik Letnes Wuttudal, tel. +47 905 10 964 This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.
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