Resurs Bank examines the possibility to issue bonds within existing MTN-programme
Resurs Bank AB (Publ) has mandated Nordea and Swedbank for an expected SEK 500m 3 year senior unsecured transaction, under the issuers SEK 5bn MTN Programme.
The transaction will follow after a fixed income investor presentation (breakfast) on 28 November in Stockholm, 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.