Arctic Securities acted as Joint Global Coordinator and Joint Bookrunner in relation to the NOK 542 million Initial Public Offering and listing on Oslo Stock Exchange. The offering received strong interest and was multiple times oversubscribed.
Sparebanken Telemark is an independent savings bank associated with the SpareBank 1 Group. Founded in 1844 under the name Porsgrund Sparebank, it has gone through several rounds of consolidations with other local banks. Today, SpareBanken Telemark has customers in all parts of Norway, with a particularly strong market share and position in its home region. Sparebanken Telemark has its business address in Porsgrunn and a total of 7 offices and 192 employees.
We thank Sparebanken Telemark for the vote of confidence and congratulate on a highly successful transaction.