BBB

BRABANK ASA 21/PERP FRN C HYBRID

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Overview
Analysis

BRA03_PRO analysis



Key facts


Issuer
Lea Bank ASA
Issue date
Sep 29, 2021
Outstanding amount
‪32.00 M‬NOK
Face value
100,000.00NOK
Minimum denomination
1,500,000.00NOK
Coupon
10.95% (Variable)
Lea Bank ASA provides digital banking services focused on consumer finance. It offers unsecured lending to qualified private individuals in Norway, Finland and Sweden. The screening process is based on an automated evaluation system, developed using the technology and advanced analytics. The bank also offers deposit rates. The company was founded in 2003 and is headquartered in Oslo, Norway.
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