February 8, 2018 / 8:08 AM / 7 months ago

BRIEF-Sandnes Sparebank Considers Issue Of Subordinated Loan

Feb 8 (Reuters) - SANDNES SPAREBANK:

* IS CONSIDERING THE ISSUE OF A SUBORDINATED LOAN

* ‍POSSIBLE ISSUE OF A NEW SUBORDINATED LOAN (TIER 2) WITH 10 YEARS MATURITY AND WITH FIRST RIGHT TO CALL AFTER 5 YEARS​

* ‍SIZE OF LOAN IS EXPECTED TO BE NOK 100 MILLION​

* HAS GIVEN SWEDBANK NORGE A MANDATE FOR POSSIBLE ISSUE OF A NEW SUBORDINATED LOAN Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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