In line with Resurs’s strategy of long-term diversified financing, Resurs Bank has issued senior unsecured bonds of SEK 400 million and NOK 300 million.
Resurs Bank AB has issued senior unsecured bonds of SEK 400 million and NOK 300 million in the Nordic markets. The bonds were issued under Resurs Bank’s MTN programme, with a total framework of SEK 9 billion, and will be listed on Nasdaq Stockholm and Oslo Børs respectively.
Both the Swedish and the Norwegian bonds have a three-year-tenor, with maturity in September 2024. The Swedish bonds will carry variable interest of 3 months STIBOR + 1.07%, and the Norwegian bonds will carry variable interest of 3 months NIBOR + 1.07%.
“Resurs Bank is a Nordic player with the intention of continuing to have a long-term diversified financing at favourable financing terms. Also this time, we are very pleased with the strong interest in Resurs Bank in connection with this bond issue,” says Sofie Tarring Lindell, CFO & Head of IR, Resurs Holding.
Nordea and Swedbank acted as financial consultants in connection with the bond issue.
Sofie Tarring Lindell, CFO & Head of IR, email@example.com +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.