STOREBRAND ASA 20/25 FRNSTOREBRAND ASA 20/25 FRNSTOREBRAND ASA 20/25 FRN

STOREBRAND ASA 20/25 FRN

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Key terms


Outstanding amount
‪500.00 M‬NOK
Face value
1,000,000.00NOK
Minimum denomination
1,000,000.00NOK
Coupon
5.62% (Variable)
Coupon frequency
Quarterly
Yield to maturity
4.82%
Maturity date
Sep 10, 2025
Term to maturity
9 months

About STOREBRAND ASA 20/25 FRN


Sector
Finance
Industry
Savings Banks
Home page
Issue date
Sep 10, 2020
ISIN
NO0010892334
FIGI
BBG00X2T4V53
Storebrand ASA engages in the provision of long-term savings and insurance to the Nordic market. It operates through the following segments: Savings, Insurance, Guaranteed Pensions, and Other. The Savings segment deals with products that include long-term saving for retirement with no long-term interest rate guarantees. The Insurance segment is responsible for the group's risk products. The Guaranteed Pension consists of products encompassing long-term savings for pensions, where the customers have a guaranteed return or benefit on the saved funds. The Other segment comprises Storebrand ASA and the company portfolios and smaller subsidiaries. The company was founded on May 4, 1847, and is headquartered in Lysaker, Norway.
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