Olympic Ship AS

Olympic Ship AS has successfully completed a new senior unsecured bond issue of NOK 500 million, with a borrowing limit of NOK 750 million, and maturity date in June 2019. The bond issue has a coupon of 3 months NIBOR plus 5.0% per cent. Settlement date is expected to be 18 June 2014.

Strengthened focus through direct ownership

SpareBank 1 Markets will be directly owned by some of the largest banks in the SpareBank 1 Alliance, as the majority holder SpareBank 1 Group, sells its entire holding of 98% to a syndicate consisting of SpareBank 1 SMN, SpareBank 1 Nord-Norge, Sparebanken Hedmark, Samspar and LO, with effect from October 2013.

Olympic Ship AS - Roadshow and mandate announcement

Olympic Ship AS has mandated Danske Bank Markets and
SpareBank 1 Markets to arrange a series of fixed
income investor meetings commencing on May 26, 2014.
A NOK denominated debt capital markets transaction
may follow, subject to market conditions.


Merger completed in SpareBank 1 Markets

As of April 1st 2015 SpareBank 1 SMN Markets in Trondheim was fully integrated in SpareBank 1 Markets as a result of a merger.
SpareBank 1 SMN integrated its markets operation into SpareBank 1 Markets. The settlement was in SpareBank 1 Markets shares. Consequently, SpareBank 1 SMN is the principal shareholder in the combined company.