ABGSC acted as joint lead manager for Advanzia Bank S.A. in connection with the successful issuance of a FRN Hybrid Tier 1 bond of NOK 400m and a FRN Tier 2 Subordinated bond of EUR 30m

Advanzia Bank S.A. (“Advanzia”) has successfully raised a FRN Hybrid Tier 1 bond (“AT1”) of NOK 400 million and a FRN Tier 2 Subordinated bond (“T2”) of EUR 30 million. Following the issuance Advanzia is well-capitalized and prepared to maintain its strong and highly profitable growth. The transaction was oversubscribed and received strong interest from high quality investors. The AT1 will have a coupon of 3-month Nibor plus 7.0% and the T2 will have a coupon of 3-month Euribor plus 5.25%. The bonds will be listed on Nordic ABM and Frankfurt Open Market.