Sparebank struggles to ratchet in pricing on green deal

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Sparebank struggles to ratchet in pricing on green deal

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JHRHAA SpareBank 1 sign at branch. SpareBank 1 is a Norwegian alliance and brand name for a group of savings banks. | Alamy Stock Photo

Sparebank 1 priced a seven year senior preferred bond in green format on Wednesday at mid-swaps plus 65bp. The €500m bond attracted demand of €700m but leads were not able to tighten pricing to the full extent of their ambitions.

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