Pareto Bank ASA: Contemplating Issuance of Additional Tier 1 (AT1) Capital
Pareto Bank ASA, rated BBB (stable) by Scope, has mandated DNB Markets and
Pareto Securities as Joint Lead Managers to explore the possibility of an issue
of Additional Tier 1 (AT1) capital of up to NOK 150 million, subject to market
conditions.
The bond will have a floating coupon rate, and the issuer will have a first call
option after minimum 5 years, subject to approval from the Financial Supervisory
Authority, if required.
For further information please contact:
Monica Mælen, tlf. 93 49 48 67