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Resurs Bank issues senior unsecured bonds of SEK 450 million

In line with Resurs’s strategy of long-term diversified financing, Resurs Bank has issued senior unsecured bonds of SEK 450 million.

Resurs Bank AB has issued senior unsecured bonds of SEK 450 million in the Nordic market. The bonds have a three-year-tenor (maturity in March 2024) and will be listed on Nasdaq Stockholm.

The bonds were issued under Resurs Bank’s MTN programme, with a total framework of SEK 9 billion, and will carry variable interest of 3 months STIBOR + 1.33%.

“The investors have once again shown good interest in Resurs Bank as an issuer. We’re an established issuer in the market and our intention is to continue to have long-term diversified financing,” says Claes Wenthzel, interim CFO, Resurs Bank.

Nordea and Swedbank acted as financial consultants in connection with the bond issue.

More information:
Claes Wenthzel, interim CFO, claes.wenthzel@resurs.se, +46 70 862 01 22
Sofie Tarring Lindell, IR Officer, sofie.tarringlindell@resurs.se +46 73 644 33 95

About Resurs Bank:
Resurs is a Nordic niche bank that offers leading payment and financing solutions for the retail industry and its customers. We help companies and private individuals with lending, saving and payments. With more than 40 years of experience in the retail sector, we make shopping online and in stores quick, easy and secure. We focus on the customer experience and make good things happen and the hard feel easier. Resurs have a customer base about 6 million private customers.