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Gjensidige Forsikring to Redeem NOK1.2 Billion Bonds

MT Newswires·09/15/2026 02:33:11
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02:33 AM EDT, 09/15/2026 (MT Newswires) -- Nordic insurer Gjensidige Forsikring (GJF.OL) secured the Norwegian Financial Supervisory Authority's approval to redeem all outstanding subordinated tier 2 bonds worth 1.2 billion Norwegian kroner. The outstanding bonds will be repaid at 100% of the nominal value, plus accrued and unpaid interest, with settlement scheduled for Oct. 7, according to a Tuesday release.