Storebrand ASA - Successful completion of bond issue
Storebrand ASA today successfully completed the issue of NOK 1 billion 5 year senior unsecured bond, at a spread of 3 month NIBOR +1,80%. Settlement date for the new bond will be April 5th, with a final maturity of April 5th 2016.
The bond issue was managed by Nordea Markets and SEB.
In connection with the transaction, Storebrand ASA has bought back NOK 94 million in STB04 (ISIN: NO0010280118) and NOK 123,5 million in STB05 PRO (ISIN: NO0010500291).
Storebrand ASA,
Lysaker, March 23 2011
For further information:
Thorodd Bakken, phone 932 27 445
Head of Trading Capital Markets, SEB
Eindride Stien, phone 907 69 201
Director, Nordea Markets
Sigbjørn Birkeland, phone 934 80 893
Finance Director, Storebrand
This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)