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Resurs Bank issues SEK 300 million of subordinated Tier 2 bonds

Resurs Bank AB (publ), has issued SEK 300 million of subordinated Tier 2 bonds in the Nordic market. The subordinated Tier 2 bonds, that are issued under Resurs Bank’s MTN programme with a total frame of SEK 10 billion, have a final maturity in June 2033 and first call date in March 2028. The Bonds carry a floating rate interest of 3 month Stibor + 5,25%.

“We are once again very pleased with the strong interest in Resurs Bank in connection with today’s bond issue”, says Stefan Noderén, Interim CFO.

Nordea and SEB acted as financial advisers in relation to the issuance of the subordinated Tier 2 bonds.