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Protector Forsikring ASA Issues NOK 800 Million Tier 2 Bond

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Protector Forsikring ASA Issues NOK 800 Million Tier 2 Bond

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Protector Forsikring ASA ( (PSKRF) ) has provided an update.

Protector Forsikring ASA successfully issued a NOK 800 million Solvency II compliant Tier 2 bond, with plans for listing on the Oslo Børs. This strategic financial move, led by Nordea and Pareto Securities, strengthens the company’s capital base, potentially enhancing its competitive position in the insurance sector.

More about Protector Forsikring ASA

Protector Forsikring ASA operates in the insurance industry, focusing on providing a range of insurance products and services to its clients. The company is rated bbb+ with a positive outlook by AM Best, indicating its stable market positioning and reliability.

YTD Price Performance: 3.89%

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $2.33B

Find detailed analytics on PSKRF stock on TipRanks’ Stock Analysis page.

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