Resurs Bank examines the possibility to issue bonds within existing MTN-programme
Resurs Bank AB (Publ) has mandated Swedbank for a potential senior unsecured bond transaction in Norwegian Krona and/or Swedish Krona.
The contemplated transaction will be from Resurs Banks existing SEK 5 bn Medium Term Note Programme.
The transaction is expected to take place in the near future, subject to market conditions.
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 approximately 5.5 million private customers across the Nordic region. From our core business in retail finance, we have expanded our product offering to also 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.