Bank Norwegian AS : AT1 og T2 Bond issue

Bank Norwegian AS : AT1 og T2 Bond issue

Bank Norwegian AS has mandated DNB Markets and Pareto Securities AS as Joint Lead Managers to arrange a series of fixed income investor meetings in the Nordics commencing on 17 September 2018. A NOK 125 million perpetual Additional Tier 1 callable bond issue and up to NOK 500 million (or equivalent in SEK) dated subordinated Tier 2 bond issue may follow, subject to market conditions. In conjunction with the contemplated bond issuances, Bank Norwegian may offer contingent buybacks of certain outstanding bond loans.

Bank Norwegian's General Assembly and the Norwegian FSA have approved the contemplated bond issuances.

Manufacturer target market (MIFID II product governance) is eligible counterparties and professional clients only (all distribution channels). No PRIIPs key information document (KID) has been prepared as not deemed within scope.

Contact person:

CFO Pål Svenkerud: +47 93403904

This information is disclosable under the Norwegian Securities Trading Act section 5-12.

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The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Bank Norwegian AS via Globenewswire