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Published on 3/8/2021 in the Prospect News Liability Management Daily.

Bank Norwegian considers buy back of bonds due 2021, 2022

By Taylor Fox

New York, March 8 – Bank Norwegian AS will consider buybacks of BANKN22 (ISIN: NO0010848583) due Sept. 29, 2021 and BANKN23 (ISIN: NO0010848591) due March 29, 2022 in conjunction with a potential new bond issue, according to a news release.

The potential buybacks are part of the bank’s general funding and will cover MREL requitements.

Bank Norwegian is an internet bank based in Fornebu, Norway.


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