Sparebanken Ost (GB:0G45) has released an update.
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Sparebanken Øst has successfully issued a perpetual subordinated bond loan of NOK 150 million, with a 5.25-year issuer call option, at a rate of 3 months NIBOR + 3.00% p.a. Concurrently, the bank repurchased NOK 104 million of its outstanding bonds and plans to list the new bond on the Nordic ABM. DNB Markets and Nordea facilitated this financial maneuver.
For further insights into GB:0G45 stock, check out TipRanks’ Stock Analysis page.
