SPB 1 SMN 22/27 FRNSPB 1 SMN 22/27 FRNSPB 1 SMN 22/27 FRN

SPB 1 SMN 22/27 FRN

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Key facts


Issue date
Aug 26, 2022
Maturity date
Aug 26, 2027
Outstanding amount
‪500.00 M‬NOK
Face value
1,000,000.00NOK
Minimum denomination
1,000,000.00NOK
Coupon
6.00% (Variable)
Yield to maturity
5.31%
SpareBank 1 SMN engages in the provision of financial services. It operates through the Retail Banking and Corporate Banking segments. The Retail Banking segment provides financial advice to retail, farm sector, and businesses. The Corporate Banking segment offers bank with advice in investment and operations financing, domestic and foreign money transfers, fixed income and currency hedging, investment of surplus liquidity, and insurance of individuals and buildings or operating equipment. The company was founded on May 26, 1823 and is headquartered in Oslo, Norway.
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