yA Bank AS, a subsidiary to Resurs Bank AB, has issued senior unsecured bonds of NOK 400 million on the Norwegian market. The 2 year bonds, issued by yA Bank AS, pays a coupon of 3m Nibor + 1.33% and will be listed on Nordic ABM.
SEB Markets acted as bookrunners in the transaction.
For additional information:
Per Kristian Haug, CFO yA Bank, email@example.com, +47 95 23 87 17
Peter Rosén, CFO Resurs Holding, firstname.lastname@example.org +46 736 564 934
Gunilla Wikman, Investor Relations Manager, email@example.com +46 707 638 125
About Resurs Bank
Resurs was founded in 1977 and is one of the fastest-growing niche banks in the Nordic region. During the 1980s we pioneered the successful “interest free” retail finance concept, and today we are one of the leading Nordic retail finance banks, with over 5 million private customers and collaborations with over 1,200 retail partners and 35,000 stores in the Nordics. From our core business in retail finance, we have expanded our commercial offering to include savings accounts, insurance policies, consumer loans and credit cards. The latter includes our own Supreme Card, of which there are roughly 150,000 holders in the Nordic region. Resurs Bank is owned by Parent Company Resurs Holding and is part of the Resurs Holding Group. In 2015 Resurs Bank acquired the subsidiary yA Bank.