Kraft Bank ASA has mandated Pareto Securities AS as arranger for a potential issuance of a new dated subordinated Tier 2 bond issue of up to NOK 40 million, subject to market conditions. The Tier 2 bond issue will have a floating rate and a tenor of minimum 10 year with first call option for the bank 5 years after issue date. A potential bond issue has been approved by the bank's General Meeting and Board of Directors. Sandnes, 8 November 2022. For further information, please contact: CFO, Ole Jacob Olsnes, mob. +47 930 54 192 This information is subject to disclosure requirements pursuant to §5-12 of the Norwegian Securities Trading Act.
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