Storebrand Bank ASA: New covered bond issuance

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STOREBRAND BOLIGKREDITT AS, rated AAA (Stable) by S&P, has mandated Danske Bank, DNB Markets, Nordea Markets and SEB as joint lead managers for a potential NOK Covered Benchmark 4.5Y FRN issue due June 2024. The transaction, issued under the issuer’s MTN- program, is expected to be launched in the near future, subject to market conditions.

Manufacturer target market (MIFID II product governance) is eligible counterparties and professional clients (all distribution channels). No PRIIPs key information document (KID) has been prepared as not deemed within scope.

For further information, please contact:
Einar Leikanger, Head of Group Treasury Storebrand Bank ASA, tlf.: +47 93420379