Posts Tagged ‘ Sparebanken Pluss ’

Delayed Sparebanken Sør maturity payment on covered bond ‘technical’

Oct 2nd, 2014
Sparebanken_Sør_Arendal

Payment on a Nkr30m (Eu3.66m) maturing covered bond of Sør Boligkreditt, the issuer of Norway’s Sparebanken Sør, was delayed by three days over last weekend because an amendment to the structure three years ago was not correctly registered in a payment system, according to an official at the issuer.