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4 months ago
BRIEF-Protector Forsikring contemplates issuing Tier 1 and Tier 2 capital
March 15, 2017 / 9:30 AM / 4 months ago

BRIEF-Protector Forsikring contemplates issuing Tier 1 and Tier 2 capital

1 Min Read

March 15 (Reuters) - Protector Forsikring ASA:

* Contemplating issuing Tier 1 and Tier 2 capital

* Total volume will be up to 750 million Norwegian crowns ($87.4 million)

* Purpose of bonds will be to optimize and strengthen company's capital structure in period where it expects significant growth

* Protector has appointed Nordea Markets and Pareto Securities as arrangers for bond issue

Source text for Eikon:

Further company coverage: ($1 = 8.5841 Norwegian crowns) (Gdynia Newsroom)

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