Copyright © Inderes 2011 - present. All rights reserved.
  • Latest
  • Markets
    • Morning Review
    • Stock Comparison
    • Financial Calendar
    • Dividends Calendar
    • Research
    • Articles
    • Insider Transactions
  • inderesTV
  • Portfolio
  • Forum
  • Premium
  • Femme
  • Nora AI
  • Learn
    • Investing School
    • Q&A
    • Analysis School
  • About Us
    • Our Coverage
    • Team
Regulatory press release

Pareto Bank ASA: Contemplating issuance of Additional Tier 1 and Tier 2 bonds

Pareto Bank
Pareto Bank ASA: Contemplating issuance of Additional Tier 1 and Tier 2 bonds

Pareto Bank ASA (Issuer rating BBB by Scope Ratings) has mandated Danske Bank
and SpareBank 1 Markets as Joint Lead Managers for potential issuance of a new
perpetual Additional Tier 1 bond and a Tier 2 bond issue.

The Additional Tier 1 and Tier 2 bonds will have floating and/or fixed rate and
a first call option for the issuer minimum 5 years after the issue date, subject
to an approval from the Financial Supervisory Authority of Norway, if required.

In conjunction with the new issue, the bank will consider buy-back, in whole or
parts, of the outstanding AT1 bond with ticker PARB30 PRO (ISIN: NO0010822950).

The timing of the potential transactions is subject to market conditions.

The potential bond issues have been approved by the bank's General Meeting and
Board of Directors.

Oslo, 3 March 2023.
Find us on social media
  • Inderes Forum
  • Youtube
  • Facebook
  • Instagram
  • X (Twitter)
  • Tiktok
  • Linkedin
Get in touch
  • info@inderes.fi
  • +358 10 219 4690
  • Porkkalankatu 5
    00180 Helsinki
Inderes
  • About us
  • Our team
  • Careers
  • Inderes as an investment
  • Services for listed companies
Our platform
  • FAQ
  • Terms of service
  • Privacy policy
  • Disclaimer
Inderes’ Disclaimer can be found here. Detailed information about each share actively monitored by Inderes is available on the company-specific pages on Inderes’ website. © Inderes Oyj. All rights reserved.