With reference to the announcement on
The Restricted Tier 1 bond issue will have a floating rate coupon equal to 3 months NIBOR + 2.80% p.a. and have a perpetual tenor with a first call option for Gjensidige after 5.75 years. Expected issue rating is BBB by S&P.
Settlement of the bonds is expected to be
The Tier 1 issue is Solvency II compliant, and the issuance has been authorized by the Company's General Meeting and approved by the
For further information, please contact:
This information is subject to disclosure under the Norwegian Securities Act section §5-12.
Gjensidige is a leading Nordic insurance group listed on the
https://news.cision.com/gjensidige-forsikring-asa/r/gjensidige-forsikring-asa--successful-issuance-of-restricted-tier-1-capital,c3941108
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