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BRIEF-Helgeland Sparebank contemplates issuance of an AT1 of minimum NOK 220 mln
November 7, 2016 / 7:33 AM / a year ago

BRIEF-Helgeland Sparebank contemplates issuance of an AT1 of minimum NOK 220 mln

Nov 7 (Reuters) - Helgeland Sparebank :

* Subordinated loan

* Contemplates issuance of an AT1 of minimum 220 million Norwegian crowns ($26.9 million), subject to inter alia market conditions

* Says Norwegian Financial Supervisory Authority has given its approval for potential bond issuance and possible buy-back of existing AT1 of 220 million crowns, with right to redeem of March 28, 2017

Source text for Eikon:

Further company coverage: ($1 = 8.1915 Norwegian crowns) (Gdynia Newsroom)

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