ABG Sundal Collier acted as joint lead manager and bookrunner for Advanzia Bank’s NOK 525m AT1 and EUR 45m T2 bond issues

Advanzia Bank S.A. (“Advanzia”), a European digital bank specialising in credit cards and Cards-as-a-Service solutions, has successfully completed a NOK 525 million AT1 and a EUR 45 million T2 bond issues. The net proceeds from the bond issues will be used to optimize the bank’s capital structure and for favorable growth opportunities. The bond issues received strong interest from a broad range of high-quality institutional investors and were priced at 3mN + 540bps and 3mE + 425bps, respectively.