Gjensidige Bank ASA: New bond

Gjensidige Bank ASA has issued a new bond, ISIN NO 001 067 9301, with maturity date 10 November 2017.
The bond has a floating rate of 3m Nibor + 86, and a limit of 1000 MNOK.
Facilitator is SEB.

Head of Treasury, Tor Egil Nedrebø,  +47 40 62 53 67

Gjensidige is a leading Nordic insurance group built by customers, for customers. The Group has been listed on the Oslo Stock Exchange since 2010. For nearly 200 years, we have worked passionately to secure the lives, health and assets of our customers. We have about 3,100 employees and offer insurance products in Norway, Denmark, Sweden and the Baltic states. In Norway, we also offer banking, pension and savings. Gjensidige Bank, which is a wholly-owned subsidiary of Gjensidige Forsikring ASA, offers electronic distribution of day-to-day banking services and consumer financing. The Group’s operating income was NOK 19.5 billion in 2011, while total assets was NOK 94.2 billion.