Tryg Prices NOK 400M and SEK 900M Tier 2 Notes
The notes were more than 2x oversubscribed. Coupons are 3M NIBOR + 115 bps and 3M STIBOR + 115 bps, with a 1.00% step-up from 30 October 2036. Settlement is expected on 30 October 2026.
Tryg Forsikring A/S priced Tier 2 notes totaling NOK 400M and SEK 900M. The offerings were over 2x oversubscribed. Coupons are 3M NIBOR+115bps and 3M STIBOR+115bps, with a 1.00% step-up from 30 Oct 2036. Settlement is expected on 30 Oct 2026.