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Storebrand ASA - Contemplating Senior Unsecured Bond Issuance

Storebrand ASA - Contemplating Senior Unsecured Bond Issuance

Saigon Thuong Tin Commercial Joint Stock BankSeptember 10, 20255
Storebrand ASA - Contemplating Senior Unsecured Bond Issuance

About this update from Saigon Thuong Tin Commercial Joint Stock Bank

Storebrand ASAStorebrand ASA, rated BBB+ (stable) by S&P, has mandated Danske Bank and SEB as Joint Lead Managers to arrange a Group Investor Call at 13:00 CEST today Wednesday 10th of September. A senior unsecured bond issue with a targeted maturity of 5 years and volume up to NOK 500 million will follow subject to market conditions.For further information, please contact: Einar Leikanger, Head of Treasury, tel.: +47 934 20 379, Kjetil R. Krøkje, Group Head of Finance & Strategy, tel.: +47 934 12 155Storebrand's ambition is to provide our customers with financial freedom and security by being the best provider of long-term savings and insurance. Storebrand will deliver sustainable solutions adapted to the customer's individual situation. Storebrand has about 40.000 corporate customers and 2 million individual customers, and has its headquarter at Lysaker outside of Oslo, Norway. Storebrand manages NOK 1 040 bn and is one of the largest asset managers in the Nordics. Storebrand (STB) is listed on Oslo Stock Exchange.https://news.cision.com/storebrand-asa/r/storebrand-asa---contemplating-senior-unsecured-bond-issuance%2Cc4232305

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