ABGSC acted as sole bookrunner to Bankaktiebolaget Nordiska in connection with their SEK 200m additional tier 1 bond issue

Bankaktiebolaget Nordiska (publ), a licensed bank under the Swedish Financial Supervisory Authority operating four business segments: Embedded Finance, Real Estate, Leasing, and Consumer Finance, has successfully issued SEK 200 million in additional tier 1 bonds, marking the company’s third bond issue in the market.

Net proceeds from the bond issue will be used to refinance existing additional tier 1 bonds (2021/Perp.), callable from and including 29 June 2026, and general corporate purposes (incl. acquisitions). The bond issue received strong demand from high quality institutional investors and will carry a coupon of 3M STIBOR + 6.25%.