April 3, 2018 / 8:53 AM / 18 days ago

BRIEF-Contemplating Issuance Of Tier 2 Capital

Helgeland Sparebank:

* CONTEMPLATING ISSUANCE OF TIER 2 CAPITAL

* TO EXPLORE OPPORTUNITY TO ISSUE A SUBORDINATED TIER 2 BOND ISSUE IN AMOUNT OF UP TO NOK 300 MILLION WITH A 10 YEAR TENOR

* BOND ISSUE WILL HAVE FIRST CALL OPTION FOR ISSUER AFTER 5 YEARS, SUBJECT TO APPROVAL FROM NORWEGIAN FSA Source text for Eikon: Further company coverage:

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