Sparebanken Midt-Norge Subordinated debt


Indicative terms are:
 
Nominal Amount:  NOK 350 - 500 million
Maturity: 31st March 2015
Call: 31st March 2010 at par
Spread: NIBOR + 43 bp
  
Danske Markets/Fokus Markets offer to buy back ISIN NO 001005457.0  31st March 2005 at NIBOR flat.
 
Contacts:  Danske Markets/Fokus Markets :  Mr Knut Halden, + 47 24 05 52 07 or Mr Kjell Johansen, + 47 72 90 73 44.  Sparebanken Midt-Norge: Mr Dag Rune Ustad, + 47 73 58 65 08.
 
About us
 
SpareBank 1 Midt-Norge is Central Norway's leading financial group. We are market leaders in personal and business banking and have 48 offices in 42 municipalities, in addition to distributing our services through 17 in-shop banks. Our head office is in Trondheim. The group has approximately 700 employees and comprises, in addition to banking operations, the subsidiaries SpareBank 1 Finans Midt-Norge AS, EiendomsMegler 1 Midt-Norge AS, Allegro Finans ASA and Midt-Norge Regnskap AS.
 
Our mission is to be the recommended bank for customers in Central Norway and, as a local, independent savings bank, we feel a special responsibility for stimulating growth and quality of life in the region. We base our business on proximity to customers, good accessibility, a complete range of banking, financial and insurance products, and holistic financial advisory services. 
 
SpareBank 1 Midt-Norge is one of seven owners of SpareBank 1 Gruppen AS.
 
For more information, visit our website at
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