Tryg Forsikring A/S prices Perpetual Restricted Tier 1 Capital Notes

Core Viewpoint - Tryg Forsikring A/S successfully priced and subscribed new Perpetual Restricted Tier 1 Capital Notes, indicating strong investor interest and demand for the offering [2]. Group 1: Transaction Details - The company issued notes for a nominal amount of NOK 300 million and SEK 700 million, with excess investor demand exceeding NOK/SEK 2.65 billion [2]. - The Notes will be settled on 19 November 2025, with NOK Notes having a floating interest rate of 3M NIBOR + 2.10% per annum and SEK Notes at 3M STIBOR + 2.10% per annum [3]. - The first interest payment date on the Notes is scheduled for 19 February 2026 [3]. Group 2: Redemption and Listing Information - The Notes are perpetual with no fixed redemption date, but the company has the option to redeem the NOK and/or SEK Notes at par between 19 May 2031 and 19 August 2031, and subsequently on every Interest Payment Date [4]. - The Notes are expected to be listed on the Nasdaq Copenhagen regulated market on or before 1 June 2026 [4]. Group 3: Additional Transactions - In connection with the Transaction, Tryg Forsikring A/S plans to purchase SEK 682 million of its outstanding SEK 1,000,000,000 Floating Rate Perpetual Restricted Tier 1 Capital Notes at a price of 100.75%, contingent upon certain conditions [5].