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Regulatory press release

Gjensidige Forsikring ASA: Contemplating Restricted Tier 1 bond issue

Gjensidige Forsikring
Read the release

Gjensidige Forsikring ASA ("Gjensidige" or "the Company", OSE:GJF, LEI 5967007LIEEXZX6FAO47), rated A by S&P (stable), has mandated DNB Carnegie and Nordea Bank Abp as Joint Lead Managers to arrange a digital fixed income investor meeting on Thursday 11 September 2025.

The Company contemplates to issue a new Restricted Tier 1 bond issue with a perpetual tenor and a first call option for the issuer after minimum 5 years. The contemplated issue will have a floating interest rate and an expected issue size of up to NOK 1,200 million, subject to market conditions. The Restricted Tier 1 issue will be Solvency II compliant and is expected to be rated BBB by S&P.

The contemplated bond issue is authorised by the Company's General Meeting and approved by the Norwegian Financial Supervisory Authority.

Contact:

Mitra Hagen Negård, Head of Investor Relations, tel. +47 957 93 631
 

This information is subject to disclosure under the Norwegian Securities Act section §5-12.

Gjensidige is a leading Nordic insurance group listed on the Oslo Stock Exchange. We have approximately 4,700 full time employees and offer insurance products in Norway, Denmark, Sweden and the Baltic states. In Norway, we also provide pension and savings solutions. In 2024, the Group's insurance revenue was NOK 39 billion, and total assets amounted to NOK 171 billion.

For more information, visit: www.gjensidige.com

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