Resurs Bank examines the possibility to issue bonds within existing MTN-programme
Resurs Bank AB (Publ), a subsidiary to Resurs Holding, 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 Holding:
Resurs Holding (Resurs), which operates through the subsidiaries Resurs Bank and Solid Försäkring, is the leader in retail finance in the Nordic region, offering payment solutions, consumer loans and niche insurance products. Since its start in 1977, Resurs Bank has established itself as a leading partner for sales-driven payment and loyalty solutions in retail and e-commerce, and Resurs has thus built a customer base of approximately 5.5 million private customers in the Nordics. Resurs Bank has had a banking licence since 2001 and is under the supervision of the Swedish Financial Supervisory Authority. The Resurs Group operates in Sweden, Denmark, Norway and Finland. At the end of the third quarter of 2017, the Group had 752 employees and a loan portfolio of SEK 23.2 billion. Resurs is listed on Nasdaq Stockholm, Large Cap.