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ABG Sundal Collier acted as sole manager in connection with the issue of NOK 75m Restricted Tier 1 capital by Insr Insurance Group ASA

ABG Sundal Collier acted as sole manager in connection with the issue of NOK 75m Restricted Tier 1 capital by Insr Insurance Group ASA

Insr Insurance Group ASA (“Insr”), listed on Oslo Børs, has successfully completed the issuance of NOK
75m Restricted Tier 1 capital. The bond has a coupon of 3m NIBOR + 3.75%, is perpetual with optional
redemption after 5 years and is approved by the Norwegian Financial Supervisory Authority as Restricted
Tier 1 capital.
The proceeds from the bond will allow Insr to take advantage of identified growth opportunities and reduce its
reinsurance quota cession through strengthening the Company's solvency position. The instrument will
contribute to an efficient capital structure for Insr in combination with Insr's existing Tier 2 bond. Taking
advantage of the full range of capital instruments available to insurance companies helps ensure a lower
average capital cost.