Kommunalbanken AS - NOK 1.2 billion - AT1 Bond Issue

Kommunalbanken AS (“KBN”) has secured a perpetual AT1 bond issue of NOK 1.2 billion. This is the sixth AT1 / Tier II bond issue that Arctic Securites has arranged for Kommunalbanken AS (five as sole lead and one as joint lead arranger).

As an entity 100% owned by the Kingdom of Norway and being AAA / Aaa rated, Kommunalbanken is an attractive and strong credit. We are proud having assisted KBN with this transaction, congratulations on the successful bond issue.

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