STOREBRAND LIVSFORSIKRING AS – roadshow and mandate announcement

Storebrand Livsforsikring AS, rated A- (stable) by S&P, has mandated Danske Bank and DNB Markets to arrange a series of fixed income investor meetings commencing on 2 September. Following the investor roadshow, one or more NOK and/or SEK denominated Solvency II compliant Tier 2 bond issue(s) with 30 years tenor and minimum 5 years to first call may follow, subject to inter alia market conditions. The proceeds from the contemplated bond issue(s) will be used for general corporate purposes, including refinancing of bonds callable in March 2020 (“STORL03”).

In connection with the contemplated new Tier 2 bond issue, a buy-back, in whole or in parts, of STORL03 and STB14 PRO, may be considered.

The contemplated new issue is approved by the company’s general meeting, and the new issuance and buy-back is approved by the Norwegian FSA (“Finanstilsynet”).

MiFID II professionals/ECPs-only - Manufacturer target market (MiFID II product governance) is eligible counterparties and professional clients only (all distribution channels). No PRIIPs key information document (KID) has been prepared as not available to retail in EEA.

Lysaker, 27.08.2019

For further information, please contact:

Kjetil R. Krøkje, Group Head of Finance, Strategy and M&A, telephone +47 934 12 155

Nikola Heitmann, Head of Capital Management, telephone +47 416 97 236

This information is subject to disclosure requirements pursuant to §5-12 of the

Norwegian Securities Trading Act.

Subscribe