Announcements
Drinks
Instrument data
Issuer
Senority
Senior Unsecured
Currency
NOK
ISIN
NO0010892318
Coupon percent
1.31%
Coupon type
Fixed:Plain Vanilla Fixed Coupon
Instrument volume
200,000,000
Maturity date
09/09/2025
-
A-
Outlook:
Stable
A-
Outlook:
Stable
Latest change
Affirmed
12/03/2024
General information
Rating
Public
Solicited
With issuer participation
EU endorsed
UK Rated
Andre Hansen
Lead analyst
Nicolas Hardy
Committee chair
11/6/2020 Rating announcement EN
Scope upgrades Sandnes Sparebank's issuer rating to A- and changes Outlook to Stable
Rating upgrade reflects management's consistent execution of its strategy to de-risk and strengthen the bank's franchise. The bank's business and financial profile are expected to remain in line with other similiarly rated Norwegian savings banks.
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